Bloomberg buys BusinessWeek…
In other news, Dell computers revealed that it is seeking out a typewriter company to take over.
According to this Mashable.com report, Bloomberg has purchased BusinessWeek for a sum of money that is somewhere between $2 million to $5 million. That’s right M-I-L-L-I-O-N D-O-L-L-A-R-S. As in the joke from the Austin Powers movies. Did we just go back in time?
Seems that the low price is offset by the fact that Bloomberg gets saddled with all of BusinessWeek’s debt, but still… Though I don’t know how much Ford would have paid for a Horse & Buggy manufacturer back in the early 20th Century or Dell would have shelled out for Underwood Typewriter Company in the 1980s.