Tag Archives: mhp

With BusinessWeek, Bloomberg takes aim at Dow Jones

Everyone’s out reporting that Bloomberg, after being rumored as a suitor to pick up trouble biz mag, BusinessWeek, actually closed the deal for a rumored $5 million, an assumption of debt that amounts to over $30 million and a burn-rate of over $800,000/week.
Couple of salient points here:

Integration issues: Bloomberg has grown with a “build, not [...]