When most people think about a race for Bloomberg, they probably have in mind Michael Bloomberg joining the Democratic primary. But investors might imagine something else entirely: the race for his eponymous financial data giant, Bloomberg LP. Speculation has ramped up about what Mr. Bloomberg’s political future means for his company. The Wall Street Journal has reported that Mr. Bloomberg, if nominated or elected, would likely move control of his stake in the company into a blind trust. Mr. Bloomberg,...

Source: Wall Street Journal December 02, 2019 17:26 UTC