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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: Bloomberg LP

Bloomberg LP stories: 3 news summaries

 Bloomberg Gets 
 BusinessWeek for $5M 

Financial-news giant founded by current NYC mayor promises it won't gut mag

Oct 13, 09 9:23 PM CDT
(Newser) - Financial-news giant Bloomberg is the winning bidder for BusinessWeek, acquiring the 80-year-old magazine for between $2 and $5 million from parent McGraw-Hill, plus any liabilities associated with the purchase—not exactly a princely sum. “We are not buying BusinessWeek to gut it. We are buying it to build it,... More »

MORE ABOUT:
mergers and acquisitions • publishing • BusinessWeek • McGraw-Hill • Bloomberg LP • financial data

(Newser) - Rumors that Wal-Mart would offer an iPhone for $99 after Christmas proved unfounded, but the genesis of a misunderstanding that swept through business news outlets is intriguing, Fortune reports. Wal-Mart will indeed sell iPhones, and at a discount—a whopping $2 off list price. But a blogger’s report... More »

MORE ABOUT:
iPhone • Apple • blogger • discounts • rumor • Wal-Mart • Bloomberg LP • Boy Genius Report

GLOSSIES

Culture Shifts
at Bloomberg's News Operation

Outsiders take some edge off, but outfit still bucks trend with growth

Nov 5, 08 4:06 PM CST
(Newser) - Unlike many news organizations, Bloomberg LP is growing, though whether the company’s culture will survive is in doubt, Seth Mnookin writes in Vanity Fair. Michael Bloomberg, mayor of New York and the company’s majority shareholder, no longer oversees day-to-day operations. And the chief architect of the financial services... More »

MORE ABOUT:
newspaper • New York City • Michael Bloomberg • financial services • Bloomberg LP • news organization • Dan Doctoroff • Matthew Winkler • Norman Pearlstine

3 Stories


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