: Axel Springer buys Politico and Forbes to go public by merging with a SPAC in busy media deal day

: Axel Springer buys Politico and Forbes to go public by merging with a SPAC in busy media deal day
KKR-backed Axel Springer will reportedly pay $ 1 billion for Politico, while Forbes will go public via SPAC at an enterprise value of $ 630 million with backing from Hong Kong firm L2 Capital.

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