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Luminar Tech CEO to acquire majority stake in Forbes - WSJ

2023-05-13 06:17
(Corrects story keyword used by media customers to FORBES-STAKE/ from FORBES & COMPANY-STAKE/) (Reuters) -Luminar Technologies CEO Austin Russell is
Luminar Tech CEO to acquire majority stake in Forbes - WSJ

(Corrects story keyword used by media customers to FORBES-STAKE/ from FORBES & COMPANY-STAKE/)

(Reuters) -Luminar Technologies CEO Austin Russell is buying a majority stake in Forbes Global Media Holdings in a deal that values the business news publisher at nearly $800 million, the Wall Street Journal reported on Friday.

Forbes did not immediately respond to a Reuters request for comment.

(Reporting by Chavi Mehta in BengaluruEditing by Vinay Dwivedi)