Bloomberg could sell his company if he runs for President: Business Insider

Bloomberg could sell his company if he runs for President: Business Insider

 

2018-12-05T184541Z_1_LYNXMPEEB41F3_RTROPTP_4_BLOOMBERG-FORUM-NEW-YORK.JPG

FILE PHOTO - Businessman and former New York City Mayor Michael Bloomberg speaks at the opening of the Bloomberg Global Business Forum in New York, U.S., September 26, 2018. REUTERS/Shannon Stapleton

 

(Reuters) - Billionaire Michael Bloomberg said he was likely to sell his financial data and news company Bloomberg LP if he runs for president, Business Insider reported, citing an interview he gave to a local radio station.

 

Bloomberg said he would either sell the company, or put it in a blind trust, but that at his age, 76, it makes more sense to sell it, according to the report.

 

"I think at my age, if selling it is possible, I would do that," Bloomberg reportedly said in the interview with Radio Iowa.

 

Bloomberg LP declined to comment.

 

(Reporting By Aparajita Saxena in Bengaluru; Editing by Anil D'Silva)

 
reuters_logo.jpg
-- © Copyright Reuters 2018-12-06
latest news from World

Butina admits being Russian agent, pleads guilty in U.S. to conspiracyBy Sarah N. Lynch FILE PHOTO: Maria Butina appears in a police booking photograph released by the Alexandria Sheriff's Office in Alexandria, Virginia, U.S. August 18, 2018. Alexandria Sheriff's Office/Handout via...

READ MORE...

Yemen's warring parties agree to ceasefire in Hodeidah and U.N. roleBy Aziz El Yaakoubi and Johan Sennero Head of Houthi delegation Mohammed Abdul-Salam (R) and Yemeni Foreign Minister Khaled al-Yaman (2 L) shake hands next to United Nations Secretary General Antonio Guterres and Swedish Foreign...

READ MORE...

'Trust me', Britain's May tells EU leaders she can get Brexit deal passedBy Elizabeth Piper British Prime Minister Theresa May arrives at a European Union leaders summit in Brussels, Belgium December 13, 2018. REUTERS/Piroschka van de Wouw BRUSSELS (Reuters) - "Trust me," Prime Minister Theresa...

READ MORE...

Main suspect in Strasbourg attack killed in gun battle with police - officialsBy Christian Hartmann, John Irish and Emmanuel Jarry French police posted December 12, 2018 on their Police Nationale Twitter account, a call for witnesses for Strasbourg-born Cherif Chekatt, 29, the day after a gun...

READ MORE...
sponsors