Michael Bloomberg plans to buy the Wall Street Journal or the Washington Post – Business – Updated

LOS ANGELES/NEW YORK (Archyde.com) – Billionaire Michael Bloomberg, founder and CEO of the Bloomberg Group, has in recent years expressed his desire to acquire a major newspaper, but has not contacted Rupert Murdoch about takeover of Dow Jones, the publisher of the Wall Street Journal, sources told Archyde.com.

News site Axios, citing a source familiar with the matter, reported earlier Friday that Michael Bloomberg was considering buying Dow Jones.

The billionaire would also be interested in buying the Washington Post, if its current owner, Amazon founder Jeff Bezos, wanted to get rid of it, according to information from Axios.

A Washington Post spokesperson said the newspaper was not for sale.

If such a project were to see the light of day, Michael Bloomberg would be at the head of an information and financial data giant, which would strengthen his grip on the sector and likely allow his company to increase sales of its software. , which are its main source of income.

A spokesperson for Bloomberg LP said the information reported by Axios was speculative and “no comment”.

Neither Michael Bloomberg, Jeff Bezos or a spokesperson for Rupert Murdoch responded to a request for comment.

(Reporting Dawn Chmielewski, Greg Roumeliotis and Anirban Sen, with contributions from Nivedita Balu, Aditya Soni, Tiyashi Datta, Alexandra Alper, Raphael Satter and Milana Vinn, written by Karl Plume; French version Camille Raynaud, editing by Kate Entringer)

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