M&A Deal Summary

Bloomberg Acquires Bloomberg Businessweek

On October 12, 2009, Bloomberg acquired publishing company Bloomberg Businessweek from S&P Global for 37M USD

Acquisition Highlights
  • This is Bloomberg’s 1st transaction in the Publishing sector.
  • This is Bloomberg’s 2nd largest (disclosed) transaction.
  • This is Bloomberg’s 1st transaction in the United States.
  • This is Bloomberg’s 1st transaction in New York.

M&A Deal Summary
Date 2009-10-12
Target Bloomberg Businessweek
Sector Publishing
Buyer(s) Bloomberg
Sellers(s) S&P Global
Deal Type Divestiture
Deal Value 37M USD

Target

Bloomberg Businessweek

New York, New York, United States
Bloomberg Businessweek is a weekly business magazine.

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Buyer(S) 1

Buyer

Bloomberg

New York, New York, United States
Category Company
Founded 1982
Sector Information Services
DESCRIPTION

Bloomberg is a financial technology firm that supplies data, reports and analytics services to clients worldwide. Bloomberg's media services cover the world with more than 2,200 news and multimedia professionals at 146 bureaus in 72 countries.

DEAL STATS #
Overall 1 of 10
Sector (Publishing) 1 of 1
Type (Divestiture) 1 of 3
State (New York) 1 of 4
Country (United States) 1 of 6
Year (2009) 1 of 2
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-10 New Energy Finance

London, United Kingdom

New Energy Finance provides news, data and analysis on renewable energy, carbon markets, energy efficiency, biofuels, carbon capture and storage, and nuclear power.

Buy -

Seller(S) 1

SELLER

S&P Global

New York, New York, United States
Category Company
Founded 1860
Sector Information Services
Employees40,450
Revenue 12.5B USD (2023)
DESCRIPTION

S&P Global is a financial intelligence company providing the global capital and commodity markets with independent benchmarks, credit ratings, portfolio and enterprise risk solutions, and analytics. McGraw Hill's iconic brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts, CRISIL, J.D. Power and McGraw Hill Construction. S&P Global was founded in 1860 and is based in New York City.

DEAL STATS #
Overall 3 of 12
Sector (Publishing) 2 of 3
Type (Divestiture) 3 of 11
State (New York) 2 of 6
Country (United States) 3 of 11
Year (2009) 2 of 2
Size (of disclosed) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-21 Vista Research

New York, New York, United States

Vista Research, Inc. is a pioneer in the expert network field supporting institutional money managers, corporations and legal and consulting firms. Vista Research provides its clients with an efficient and unique opportunity to gain direct insight into a particular company or industry by connecting its clients with members of the Society of Industry providers, a global network of experts and prominent industry professionals.

Sell $14M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-30 McGraw-Hill - Broadcasting Group

United States

Broadcasting Group, a non-core asset, was carried out pursuant to the Corporation's Growth and Value Plan. The Broadcasting Group includes ABC affiliates in Denver, Colorado (KMGH-TV), San Diego, California (KGTV), Bakersfield, California (KERO-TV), Indianapolis, Indiana (WRTV) and Azteca America affiliates in Denver, Fort Collins, Colorado Springs, San Diego and Bakersfield.

Sell $212M
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