““In its latest quarterly earnings report, Axel Springer—which owns a number of major daily newspapers and magazines in Germany, as well as a large online-classified site—said that if it had owned Business Insider for all of 2015, the site would have contributed $42.8 million in revenues.

When the acquisition was announced, Axel Springer said it paid $343 million for the outstanding shares of Business Insider...This valued the entire company at approximately $450 million. ””

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