By William Turvill
Asset management firm GSV is lining up a $620m takeover bid for Forbes Media, according to an Axios report.
Business news company Forbes is due to list on the stock market in early 2022 through a merger with a special-purpose acquisition company (SPAC).
But GSV, in partnership with other institutional investors and family officers, wants to derail that process, according to the Axios report.
Source: Axios
Deal value: $620m
Country: US
Status: Report
No comments:
Post a Comment
For now, we're opening this blog to Anonymous comments. This will continue as long as civility rules. Disagree as you may, just keep it clean and stay on topic. No profanity, and no name calling. We reserve the right to moderate such comments, though the person who made it may come back and reword their message in a more civil way.