Bloomberg denies seeking to buy Dow Jones, Washington Post

Washington: Bloomberg is not looking to buy Dow Jones or the Washington Post, Bloomberg LP spokesman Ty Trippet said in a social media posting, which was shared by the group’s owner, Michael Bloomberg.
US news website Axios reported Friday that the American media mogul was eyeing acquisition of either Wall Street Journal parent company Dow Jones or the Washington Post to boost his company’s profile.
“There have been no conversations with anyone or organization about an acquisition,” Ty Trippet said in an official response to the recent media reports and speculation.
Axios cited a source familiar with Bloomberg’s thinking as saying that the billionaire saw Dow Jones as the ideal fit because it would give him control over such big-name financial media as the Wall Street Journal, Barron’s and MarketWatch, whereas Jeff Bezos’s Washington Post would amplify his news agency’s US government coverage and create a potential rival to the New York Times.
(UNI/SPUTNIK)