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Business Insider sells to Springer at $442M valuation; Jeff Bezos retains 3% ownership

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Business Insider has been acquired by German digital media publisher Axel Springer in a deal that values the news website at $442 million. Axel Springer paid $343 million to own 88 percent of Business Insider, adding to the 9 percent it already owned from previous funding rounds. Amazon.com founder Jeff Bezos, also a previous investor, will own the ...

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