Quartz up for sale just two years after it was sold by Atlantic Media

Quartz is on the block again just two years after a Japanese news aggregation and media company agreed to buy the struggling financial news site from Atlantic Media.

At the time of the July 2018 sale, the sale price for the cash and stock deal was pegged at up to $110 million — depending on revenue over the next year. The Wall Street Journal, which first reported the site was on the block again, said Tokyo-based Uzabase ultimately ended up paying $86 million as sales sagged.

Quartz declined to comment on the report. The company has been under intense pressure as the advertising market evaporated with the onslaught of the coronavirus pandemic.

Even before the pandemic, pressure was mounting on the eight-year-old financial news operation. In May 2019, the company imposed deep cuts, laying off 80 people, or 40 percent of its staff, after it said business dropped by 54

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Using Social Media To Sell Your Property

I would assume that when you decided to become an FSBO and sell your property, you have done your homework and researched on how to be an FSBO. If you haven’t then I urge you to first research on what to expect when you sell your property as an FSBO. Now if you’re able to do your homework, you might have come across some articles that states that there are about 90 percent of for-sale-by-owner that fail to sell their property. However, you have to also understand that this number may not be accurate as the success of an FSBO would highly depend on how much effort you put in. It is not enough to have your property to have a for sale sign, you also have to make every effort to make sure that you will be able to put your property for sale in front of as many … Read More