Bloomberg could sell his company if he runs for President – Business Insider

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(Reuters) – Billionaire Michael Bloomberg said he was likely to sell his financial data and news company Bloomberg LP if he runs for president, Business Insider reported https://read.bi/2BSGAXZ, citing an interview he gave to a local radio station.

Bloomberg said he would either sell the company, or put it in a blind trust, but that at his age, 76, it makes more sense to sell it, according to the report.

“I think at my age, if selling it is possible, I would do that,” Bloomberg reportedly said in the interview with Radio Iowa.

Bloomberg LP was not immediately available for comment.

(Reporting By Aparajita Saxena in Bengaluru; Editing by Anil D’Silva)

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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