News site Quartz sold to Uzabase in deal worth up to $110 mn
US-based Atlantic Media's business news website Quartz has been sold to Japan's Uzabase for a price between $75 million and $110 million, depending on the financial performance. Uzabase, founded by two investment bankers and an IT consultant, is a financial intelligence and media firm. Uzabase went public in 2016 and its current market capitalisation is around $870 million.