What to know about new BI’s new German owner Axel Springer

by Ricardo Bilton
If you can’t build it, buy it. That’s one takeaway from Tuesday’s news that German publisher Axel Springer is scooping up Business Insider for $343 million in exchange for 88 percent of the company. The move makes plenty of sense for Business Insider, which finally gets the exit it has built its business toward. But Axel Springer’s motives for the acquisition are less clear.Read the full article