Deals
Forbes Media in Talks to Be Acquired by GSV-Led Group
- Deal would value publisher at more than $600 million
- GSV Asset Management founded by Silicon Valley vet Michael Moe
Photographer: Thomas Trutschel/Photothek/Getty Images
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Forbes Media LLC has entered exclusive talks to be acquired by a group led by Michael Moe’s GSV Asset Management, in a deal that values the business-news publisher at more than $600 million, according to people with knowledge of the matter.
While a transaction isn’t finalized, it’s possible it may be agreed in coming months, said the people, who requested anonymity as the talks are private.