NEW YORK: Bloomberg L.P. has no interest in acquiring either Dow Jones or the Washington Post, a spokesman says.
“There have been no conversations with anyone or either organisation about an acquisition,” spokesman Ty Trippet said in the tweet, which was retweeted by billionaire owner Michael Bloomberg.
News website Axios reported last Friday that Bloomberg was interested in acquiring either the Wall Street Journal parent company Dow Jones from Rupert Murdoch’s News Corp, or the Washington Post from Amazon.com’s Jeff Bezos, citing a source familiar with Bloomberg’s thinking.
Reuters reported on Friday that Michael Bloomberg had expressed a desire to own a big-name newspaper over the years, but had not reached out to Murdoch to discuss a possible purchase of Dow Jones and its flagship paper the Journal.,
A spokesperson for the Washington Post, which Bezos bought in 2013 for US$250mil (RM1.1bil), said it was not for sale.
Antitrust experts agreed that the merger of Bloomberg and Dow Jones’ business news divisions would be scrutinised by United States regulators, especially given the Biden administration’s tougher stance on antitrust enforcement. — Reuters
Here’s an official response to recent media reports and speculation:
“There have been no conversations with anyone or either organization about an acquisition. The company has no interest in acquiring either.” - Ty Trippet, Bloomberg LP spokesman— Ty Trippet (@ttrippet) December 25, 2022
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