Forbes Media has announced that it is to sell its financial education web site Investopedia. The Jordan, Edmiston Group has been retained as the adviser for the sale.
Edmonton‐based Investopedia was acquired by Forbes Media in 2007. The web site offers unique and valuable financial and investor education through its extensive financial dictionary with over 9,000 terms used in personal finance, banking, and accounting and through its content generated by financial experts and editorial staff. Forbes say that the move is part of a larger strategy shift for Forbes Digital.
Location: Canada, Edmonton, AB
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