New York--The Observer, a British newspaper, ran a story that Toronto-based Thomson Corp. was preparing a $10 billion bid to acquire Bloomberg LP. Both Thomson and Bloomberg issued vigorous denials.
Bloomberg spokeswoman Christine Taylor says, "Bloomberg is not for sale--period. We have had no discussions with Thomson or anyone else for that matter. We don’t know where this story came from." Thomson reportedly issued an internal memo that called the story a "myth."
Speculation continues to sw
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails