TestPage Mediablog Post for 31.0 Release

Mediablog is exploring a sale of its business after a previous deal to go public fell through. In recent weeks, an offering document describing Forbes’ financials compiled by Citigroup was circulated to media companies, including Yahoo. According to the document, Forbes generated more than $200 million in revenue and more than $40 million in profit in 2021 and is exploring selling for at least $630 million. That is the valuation that the company declared when it moved to go public through a special-purpose acquisition company, or SPAC. Forbe

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