Axel Springer Buys 88% of Business Insider for $343 MillionBy and
Site founded by Henry Blodget lets publisher expand globally
Amazon.com founder Jeff Bezos to retain minority stake
German media company Axel Springer SE agreed to take over Business Insider Inc. in a $343 million deal, accelerating its push into English-language news after losing out a bidding contest for the Financial Times two months ago.
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