according to The Wall Street Journal. The deal could potentially include a full buyout, the report said, but the talks have not been finalized and the deal could still fall through.
Representatives for both companies did not immediately respond to TheWrap’s request for comment.In 2014, the two publishers launched Politico’s European edition in a 50/50 partnership.
The operation is based in Brussels, with other locations throughout the continent.Axel Springer is the owner of the German newspapers Bild and Die Welt.
The company has been securing more U.S. media holdings recently, purchasing Business Insider in 2015 for some $500 million and business newsletter Morning Brew more recently.
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