WASHINGTON: Billionaire Michael Bloomberg, the owner of Bloomberg LP, is interested in acquiring either Wall Street Journal parent Dow Jones or the Washington Post, news website Axios has reported, citing an unnamed source familiar with the matter.
Such a merger would create a financial data and news giant, further firming up the world’s 12th-richest man’s powerful hold on the business and likely allowing his company to sell more Bloomberg Terminals – the main source of its revenue.
According to the Axios report, Bloomberg sees News Corp-owned Dow Jones, also the publisher of Barron’s and MarketWatch, as the ideal fit but would buy the Post if Amazon.com Inc founder Jeff Bezos were interested in selling. –Agencies
