Axel Springer Acquires POLITICO and Related Media Assets from Robert Allbritton
October 19, 2021
Axel Springer has completed its acquisition of POLITICO and related properties from Robert L. Allbritton, including POLITICO's remaining 50% interest in POLITICO Europe, Protocol, E&E News and Agency IQ. The purchase strengthens Axel Springer's U.S. media footprint and complements its existing digital publishing portfolio as the company pursues further growth in the U.S. market.
- Buyers
- Axel Springer
- Targets
- POLITICO, POLITICO Europe (remaining 50% stake), Protocol, E&E News, Agency IQ
- Sellers
- Robert L. Allbritton
- Industry
- Media & Entertainment
- Location
- Virginia, United States
- Transaction Type
- Buyout
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