Show an ad over header. AMP

I am the second

German publisher Axel Springer acquires Politico

German publishing giant Axel Springer has acquired Politico, according to a news release out Thursday.

Why it matters: The deal is valued at about $1 billion, per CNN, making it one of the most expensive media merger deals of late. Axel Springer also acquired the remaining 50% of the two companies' joint venture, Politico Europe, and the tech news website Protocol from publisher Robert Allbritton.

Keep reading... Show less

Related Articles



Get Goodhumans in your inbox

Most Read

More Stories