Atlanta-based Cox, a family-owned conglomerate that also owns the Dayton Daily News and other newspapers in Ohio, said the acquisition will help diversify its business. Axios is selling at roughly five times its projected 2022 revenue of more than $100 million, according to the source. Founded in 2017, Axios is known for its bulletin-style reporting of politics, business and technology news.from International-News-Economic Times https://ift.tt/QaycOvj
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