Business news and information publisher Forbes Media is in talks to go public through a merger with a SPAC as it attracts new acquisition interest, Reuters reports, citing people familiar with the matter.
Forbes’ owner is also fielding offers from bidders including investment vehicle Borderless Services Inc, which has bid $700 million, and from a consortium led by tech investor Michael Moe, the sources said. Both of these bids would result in Forbes remaining a privately held company. Read more.
