Announced
Completed
Financials
Sources
Tags
Single Bidder
Domestic
Majority
Private
Friendly
Publishing
United States
business information
Acquisition
Failed
Synopsis
Entrepreneur and philanthropist Austin Russell failed to acquire a majority stake in Forbes Media, a media, branding and technology company, in an $800m deal. “We welcome Austin Russell. He is a dynamic entrepreneur and thought leader who has built an industry-leading business from the ground up. His energy and vision will enable Forbes to continue and enhance the excellent work for which we are known,” Steve Forbes, Forbes Chairman and Editor-in-Chief.
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