Media – Page 15

Axel Springer Strikes Deal With KKR to Split Up Publishing Giant

The deal values all of Axel Springer at roughly $15 billion, with the company’s publishing assets worth about $4 billion.

By Benjamin Mullin and Lauren Hirsch

The company, founded in 2019, is known for its weekend newsletter of deeply reported features, travel recommendations and shopping tips.

By Benjamin Mullin

The Observer, first published in 1791, could be bought by Tortoise Media, an outlet founded by a British media veteran that began publishing in 2019.

By Michael J. de la Merced

Donald J. Trump, the largest shareholder in the parent company of Truth Social, said he won’t sell his stock when a restriction ends next week.

By Matthew Goldstein and David Yaffe-Bellany