We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
“The deal structure has the effect of obfuscating how much money foreign groups may put in, which could help alleviate any regulatory concerns. Forbes was ready to sell to the group of mostly foreign investors in March. But management feared regulatory pushback and pivoted, Axios previously reported. Forbes also faced public criticism over the involvement of Indian investment firm Sun Group, which has had ties to Russia.” —
Tags:
Austin Russell,
Forbes,
foreign investors
