Forbes Media

Automotive tech giant Luminar Technologies Inc (NASDAQ:LAZR) CEO will buy a majority stake in Forbes Global Media Holdings, with the transaction estimating the value of the business-oriented media company at almost $800 million. What Happened: Austin Russell, the 28-year-old founder of Luminar —...

A leading financial media company could have an alternative to a previously announced SPAC merger, according to a new report. What Happened: Investment firm GSV Asset Management could be bidding to buy Forbes Media in an alternative buyout for the company versus a previously announced SPAC merger,...

An iconic financial media brand is going public with plans to continue its digital transformation. The SPAC Deal: Forbes Global Media Holdings announced Thursday a SPAC deal with Magnus Opus Acquisition Limited (NYSE: OPA). The deal values the company at a pro forma enterprise value of $...