Out of office: Politico seeks $1bn in potential media merger and Biden administration cuts off Afghan central bank assets

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18th August, 2021
Out of office: Politico seeks $1bn in potential media merger and Biden administration cuts off Afghan central bank assets

Politico, the news site based in Washington, DC, is is seeking as much as $1 billion in a potential deal with Axel Springer, the German publishing giant, The New York Times reported. The news site, led by its owner Robert Allbritton, has been in talks with Springer about a potential investment or an outright sale, according to two people familiar with the matter. A $1 billion deal would be one of the most expensive media...

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