About This Deal
News Corporation acquired Investor's Business Daily (IBD) for US$275 million cash, a transaction announced in May 2021.
Dow Jones acquired the digital-first financial news and research business (Investors.com), adding proprietary investing data and tools for professional and retail investors.
Dow Jones acquired the digital-first financial news and research business (Investors.com), adding proprietary investing data and tools for professional and retail investors.
Deal Terms
Acquirer
News Corporation
Target
Investor's Business Daily (IBD)
Value
US$275 million cash
Date
May 2021
Type
Full acquisition
Status
Completed
Transaction Details
Announced
May 2021
In Their Words
The acquisition expands Dow Jones's offerings with the addition of proprietary data and tools to help professional and retail investors identify top-performing stocks.
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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