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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