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Axios: Michael Bloomberg looking to acquire WSJ parent company and/or Washington Post


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The combination of Bloomberg and Dow Jones would create an unparalleled business news behemoth.

 

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Michael Bloomberg, the billionaire businessman and media mogul, is interested in acquiring either Wall Street Journal parent company Dow Jones or The Washington Post, a source familiar with his thinking told Axios.

 

Why it matters: Bloomberg wants to expand his media empire and sees Dow Jones as his ideal fit, but he would buy the Post if Jeff Bezos were interested in selling, the source said. 

 

The combination of Bloomberg and Dow Jones would create an unparalleled business news behemoth.

 

Details: Bloomberg, the source notes, would be interested in a potential acquisition of either property, but Dow Jones — the publisher of financial titles such as The Wall Street Journal, Barron's and MarketWatch — would be a stronger target.

 

 

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