AXELF News and Press, Axel Springer SE

Forbes CEO Mike Federle said the business news publisher plans to use analytics to provide customized products for "very specific audiences," part of a strategy to leverage the value of its brand as it prepares to go public through a SPAC merger with Magnum Opus Acquisition (NYSE:OPA). "We've...

The media company said on Thursday it will acquire Politico and its units from American investor Robert Allbritton. The news group ropes in approximately $200 million in annual revenue in a mix of advertising and professional subscriptions. It is profitable, too, but that still ma...

SPAC Magnum Opus Acquisition (NYSE:OPA) rose 1.5% in premarket trading after confirming a deal to take Forbes Media public. The transaction, which includes a $400M PIPE, values the combined company at an implied pro forma enterprise value of $630M, net of tax benefits, according to a ...

SPAC Magnus Opus Acquisition (NYSE:OPA) rose 1.5% in premarket trading after confirming a deal to take Forbes Media public. The transaction, which includes a $400M PIPE, values the combined company at an implied pro forma enterprise value of $630M, net of tax benefits, according to a ...

Cindy Ord/Getty Images News Vox Media, the parent of New York Magazine, is said to be considering several offers that would take the company public through a SPAC deal, according to a New York Times report earlier. Vice Media is also "circling" a plan to go public, according to the repor...

German media company Axel Springer (AXELF) is said in talks to purchase Axios.Exact details of the acquisition weren't immediately known and a deal could still fall apart, according a report from The Information.  Axel Springer also owns Business Insider.The report comes after a lat...

ProSiebenSat.1 Media SE (PBSFF) (PBSFY) has a new major shareholder. That may be a sign of interesting changes to come. KKR & Co. Inc. (KKR) controls 5.21 percent of the company (3.21 percent direct ownership + 2 percent control via derivatives). That makes it the third largest shareholder...

Axel Springer ( OTC:AXELF ) has applied to delist from the Frankfurt Stock Exchange alongside a public tender offer for the company from Traviata. More news on: Axel Springer SE, Axel Springer AG ADR, Merger & acquisition news, Read more ...

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Introduction Better late than never. It`s update time, folks! I have used the last days with really bad weather here in Germany to research the last numbers and can now present you an update. Some users have already asked me about it – you can stop worry about me continueing my ar...