Announced
Financials
Sources
Tags
news
Pending
business news
Majority
Friendly
United States
Acquisition
Private
Mbo
Media Agencies
Domestic
Synopsis
Zach Seward, Quartz Co-Founder and CEO, and Katherine Bell, Quartz editor-in-chief, agreed to acquire Quartz, an online news website, from Uzabase, an online financial data service provider. Financial terms were not disclosed. “Quartz’s mission is to make business better. We want Quartz to be an ally and resource to our readers in developing new and better ways of doing business. This is an exciting moment for our own business, as we become an independent media company again. I’m thrilled to be taking this step after helping to build Quartz, with so many others, over the past eight years,” Zach Seward, Quartz Co-Founder and CEO.
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