Justin Fris - Profile and Journalist Details
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Justin Fris
Verified
Journalist, Business News
Bunbury
Beats
Media, Sports, Property , Pop Culture, travelbusiness
Anything that isn't automotive in nature
Content
By Justin Fris Verified| Business News Verified Iron ore-focused Fenix Resources has announced it has elected not to exercise a matching right in relation to its bid for CZR Resources. In a statement to the market on Thursday, John Welborn-chaired Fenix said it would remain focused on its existing portfolio within the Mid West. “Fenix’s board has carefully considered the strategic rationale for the takeover offer and the company’s commitment to a disciplined approach to growth transactions and the allocation of capital,” the company said.
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By Justin Fris Verified| Business News Verified Iron ore-focused Fenix Resources has announced it has elected not to exercise a matching right in relation to its bid for CZR Resources. In a statement to the market on Thursday, John Welborn-chaired Fenix said it would remain focused on its existing portfolio within the Mid West. “Fenix’s board has carefully considered the strategic rationale for the takeover offer and the company’s commitment to a disciplined approach to growth transactions and the allocation of capital,” the company said.
Company Info
Business News
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
'+1 212-318-2000
Founded: 1981