Politico will be sold to Axel Springer for over $1 billion
By Brian Stelter, CNN Business Axel Springer, the German media conglomerate, has agreed to buy the Washington-based Politico franchise for more than $1 billion. Politico’s tech news sibling Protocol is also included in the deal, which was announced Thursday morning. Axel Springer and Politico already work together on a joint venture in Europe. Building on
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