NEWS BRIEF: Cox Enterprises takes over Axios Media in $525 million deal
Bullet points the way to go
Photo credit: AXIOS Media / COX Enterprises
Axios Media has been acquired by Atlanta-based media conglomerate Cox Enterprises in a deal worth $525 million, according to reports. Cox, owner of the Atlanta Journal-Constitution, will become sole minority investor in Axios, based in Virginia and founded in 2017 by former Politico reporters Jim VandeHei, Mike Allen and Roy Schwartz. Axios is known for brief, bullet-pointed news articles, and for publishing daily and weekly newsletters that are targeted to specific industries. Details: accesswdun.com
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