Axel Springer Acquires Business Insider for $343,000,000

  • Feed Type
  • Date
    9/29/2015
  • Company Name
    Business Insider
  • Mailing Address
    119 5th Ave. New York, NY 10003 USA
  • Company Description
    Business Insider is a new business site with deep financial, entertainment, green tech and digital industry verticals. The flagship vertical, Silicon Alley Insider, launched on July 19, 2007, led by DoubleClick founders Dwight Merriman and Kevin Ryan and former top-ranked Wall Street analyst Henry Blodget.
  • Website
    http://www.businessinsider.com
  • Transaction Type
    M&A
  • Transaction Amount
    $343,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Additional financial terms of the transaction were not disclosed by the companies.

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