Stock market opened with modest gain on Wednesday marking third consecutive session in the upward gain
The former New York mayor has said before he would likely sell Bloomberg LP if elected, which his campaign affirmed on Tuesday.
"If elected president, Mike will sell the company," spokeswoman Galia Slayen said.
Bloomberg LP provides financial information to Wall Street firms in addition to news. It is privately held, with Bloomberg himself owning most of the company, which he founded in 1981. Analysts at Burton-Taylor International Consulting estimate the firm generated over $10 billion in revenue in 2019.
Reuters News competes with Bloomberg LP's news service.
The Bloomberg campaign said the process of selling the company would begin with putting it in a blind trust and then selling it.
Bloomberg is not competing in the early voting states of the Democratic nomination process and instead hopes to start winning votes when 14 states vote on March 3 in the Super Tuesday contests.
Stock market opened with modest gain on Wednesday marking third consecutive session in the upward gain
Union warned it could order several days of strike action over a busy May holiday weekend if its demands are not met
Humidity is set to rise during the night and into Thursday morning
Text messages, social media posts, chatroom messages, altered images, and videos are just a few avenues through which cyberbullying can occur
The building in Muhaisnah 4 had suffered structural damage last week and has been sealed off as authorities conduct investigations
Al Ain, which knocked out Cristiano Ronaldo's Al Nassr in the quarterfinals, reached the final for the first time since 2016
Defeat leaves Chelsea still in ninth, three points adrift of the European places
Liverpool left some key players out of their starting line-up for Sunday's 3-1 win at Fulham