Categories
Business

German media corporation Axel Springer to buy Washington based Politico for over $1 billion

Axel Springer, the German media corporation 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 on Thursday. Axel Springer and Politico already work together on a joint venture in Europe. Building on that connection, the two sides […]