Jul
02
Quartz, Atlantic Media’s Business News Start-Up, Is Sold to Japanese Firm
ByAtlantic Media’s business news site built for the digital age has turned into a good bit of business itself.
The site, Quartz, which Atlantic Media created in 2012, will be sold to the Japanese financial intelligence company Uzabase for a price between $75 million and $110 million, depending on its performance, according to a statement released on Monday.
The acquisition is the second major international media takeover by a Japanese company in recent years. In 2015, the Japanese media group Nikkei bought The Financial Times, the British business newspaper of salmon-colored pages, for $1.3 billion…
Quartz, Atlantic Media’s Business News Start-Up, Is Sold to Japanese Firm
