The co-founder of Quartz and its editor in chief agreed to buy the business news website from Japanese financial data and media company Uzabase Inc., a deal that comes as Quartz has suffered from the economic fallout from the coronavirus pandemic.
Uzabase said the site would be sold to Quartz’s co-founder and chief executive, Zach Seward, in a management buyout that would make it private once again. Editor in Chief Katherine Bell will take a minority stake. The terms of the deal weren’t disclosed.
The…
This post first appeared on wsj.com
