Axios to Sell Itself to Cox Enterprises for $525 Million - The New York Times

The digital media company’s founders, Jim VandeHei, Mike Allen and Roy Schwartz, will continue to run the company.

The deal provides a coda of sorts for Axios founders, who left Politico in 2016 amid a tug of war over the future of that company, which Mr. VandeHei also helped found. He, Mr. Allen and Mr. Schwartz… [+1634 chars]

full article...