Mayor Mike: No Bloomberg Sale

ORGANIZATION & STRATEGY

Michael Bloomberg last week denied unequivocally that his eponymous data vendor is up for sale, quashing months of speculation about the company's future.

Chairman Peter Grauer read a statement from Bloomberg to employees last week, which quoted the Mayor of New York as saying that "While I have recently been approached by potential buyers of Bloomberg LP, I have decided not to sell the company at this time."

According to Grauer, while Bloomberg did acknowledge that "there will come a day

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