Politico Acquired by German Media Company Axel Springer
Todd Spangler NY Digital EditorGerman publishing group Axel Springer announced a deal to acquire Politico, the 15-year-old digital political news outlet.The price of the acquisition wasn’t disclosed. Axel Springer’s deal for Politico includes the remaining 50% share of the companies’ current joint venture Politico Europe, as well as the tech news website Protocol.