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NEW: Confirming @jtoonkel scoop: @nytimes to acquire @TheAthletic for $550 million in cash— Sara Fischer (@sarafischer) January 6, 2022
— The Athletic co-founders Alex Mather and Adam Hansmann will stay on after the deal, expected to be announced at market close Thursday.
— More on @axios:https://t.co/yCNB45kvQx
Big news from our client (and my favorite sports site) @TheAthletic! Purchased by the @nytimes for $550M in cash!— Kimball Dean Parker (@kimballdparker) January 7, 2022
The Athletic has been using our automated employment law products. I guess I have to subscribe to the NYT now to read @Tjonesonthenba.https://t.co/9oUM3l1qsi
The very first investment we led when we launched Courtside in 2016 was in @TheAthletic. 5 yrs & 1.2M subs later, there isn’t a sports fan in America that hasn’t read one of their stories. Congrats to the entire team and the NYT on a great acquisition! https://t.co/adlXdWJpTa— Courtside Ventures (@CourtsideVC) January 7, 2022
Most questions about The Athletic/New York Times news are way above my pay grade.— Aaron Gleeman (@AaronGleeman) January 7, 2022
I can say: Covering the Twins for The Athletic is the best job I've ever had, so I'm excited to have a multi-year deal to keep doing that.
You're stuck with me, Twins fans. https://t.co/pelqd1v0U5
Unpopular opinion but I think it’s a mistake for NYT to spend 1/2 billion dollars acquiring an outlet that covers sports instead of investing in covering more things that actually matter.— Tom Angell ??ⓥ (@tomangell) January 7, 2022
But I hope they make revenue they can invest in policy journalism.https://t.co/fGC0COeEUj
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