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New Deal


Announced

Center for Investigative Reporting to merge with Mother Jones.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Publishing

Single Bidder

Domestic

Acquisition

Majority

Pending

United States

Private

magazine publishing

Friendly

Synopsis

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Center for Investigative Reporting, a nonprofit news organization, agreed to merge with Mother Jones, a nonprofit American progressive magazine that focuses on news, commentary, and investigative journalism on topics including politics, environment, human rights, health and culture. Financial terms were not disclosed. “Ethical, fact checked investigative reporting is one of the pillars of our democracy, and by merging into one newsroom we will increase our ability to deliver stories that would otherwise not be told,” Robert J. Rosenthal, Center for Investigative Reporting CEO.

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