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Guardian Confirms Sale of The Observer to Tortoise Media

The New York Times: Mergers, Acquisitions and Dive

The Guardian Media Group said it had struck a deal to sell The Observer to Tortoise Media, shortly after a 48-hour strike by journalists had ended.

Media 101
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Why Is Shari Redstone, Ruler of a Vast Media Kingdom, Weighing a Sale?

The New York Times: Mergers, Acquisitions and Dive

She fought to keep control of her family’s media empire. Now she’s considering an exit as financial pressures mount.

Media 127
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What Role Does Social Media Play in Increasing Business Sale Value?

Lake Country Advisors

Social media marketing is a powerful strategy for today’s businesses. Today, it’s uncommon to hear about a business that’s still not investing in social media marketing. With social media platform usage increasing by and by, it’s become an integral channel for reaching your consumer and business customers alike.

Media 98
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Guardian Journalists Strike Over Planned Sale of The Observer

The New York Times: Mergers, Acquisitions and Dive

Workers have begun a 48-hour walkout, the first in 50 years for the outlet, over a proposal to sell The Observer to Tortoise Media, a digital media start-up.

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American Discovery Capital’s SmartBug Media acquires Globalia

PE Hub

Globalia is a Saint-Lambert, Quebec-based digital agency specializing in inbound marketing, sales automation, digital transformation and e-commerce. The post American Discovery Capital’s SmartBug Media acquires Globalia appeared first on PE Hub.

Media 94
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BuzzFeed in Advanced Talks to Sell Complex, Backtracking on Digital Media Bet

The New York Times: Mergers, Acquisitions and Dive

BuzzFeed is negotiating a sale of much of Complex Networks for under $140 million, less than half of what it paid to acquire it two years ago.

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Virgin Media O2 to snap up Russian oligarch-backed broadband firm

The Guardian: Mergers & Acquisitions

UK government forced sale of ‘alt-net’ broadband provider Upp on national security grounds Virgin Media 02 is to buy a British broadband company owned by a Russian oligarch-backed investment company, after the government forced its sale on national security grounds.

Media 98