Luminar Tech CEO to acquire majority stake in Forbes - WSJ - News Summed Up

Luminar Tech CEO to acquire majority stake in Forbes - WSJ


Corrects story keyword used by media customers to FORBES-STAKE/ from FORBES & COMPANY-STAKE/May 12 (Reuters) - Luminar Technologies CEO Austin Russell is buying a majority stake in Forbes Global Media Holdings in a deal that values the business news publisher at nearly $800 million, the Wall Street Journal reported on Friday. Forbes did not immediately respond to a Reuters request for comment. (Reporting by Chavi Mehta in Bengaluru Editing by Vinay Dwivedi)((Chavi.Mehta@thomsonreuters.com;))The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


Source: Wall Street Journal May 13, 2023 10:33 UTC



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