Will the Financial Times Buy the Information?

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The Nikkei-owned Financial Times is believed to be negotiating to acquire or invest in The Information, the subscription-based digital media company founded by Jessica Lessin in 2013. The Information derives some 90% of its revenue from subscriptions (the rest from events) and an estimated 10,000 subscribers pay $399 for a service which now employs more than 20 tech reporters…

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