A report last week from Axios revealed that Bloomberg was interested in buying either the Dow Jones or The Washington Post. However, days since that news came out, the company denied any interest in expanding.
However, it didn’t take long for the media outlet to deny the reporting as a Bloomberg spokesperson stated on Sunday that there’s no interest in buying either the Dow Jones or The Post.
“There have been no conversations with anyone or either organization about an acquisition. The company has no interest in acquiring either.” – Ty Trippet, Bloomberg LP spokesman, said on Twitter.
According to the report from Axios, Bloomberg wants two purchase either of these two media outlets to form a news business empire that reaches its audience also in print form.
Nonetheless, it appears all for not as the company owned by billionaire and former New York City mayor Michael Bloomberg is content with where they’re now.
Eduardo Razo is the Assistant Content Editor for BNM, which includes writing daily news stories on the news media industry. He can be found on Twitter @eddierazo_ or you can reach him by email at eddie1991razo@gmail.com.
