MUST READ: Wall Streeters are speculating Microsoft could buy Bloomberg. Here's why a deal might actually make sense.

Michael Bloomberg is officially running for president in 2020. He has previously said he'd either sell his namesake company or put it in a blind trust if he ran.

Wall Streeters are speculating Microsoft could buy Bloomberg. Here's why a deal might actually make sense. Michael Bloomberg is officially running for president in 2020. He has previously said he'd either sell his namesake company or put it in a blind trust if he ran. Bloomberg LP delivered $10 billion in revenue in 2018, making any sale a sizable transaction, reducing the number of potential acquirers. Finance professionals in both New York and London have been speculating that Microsoft might buy Bloomberg. Microsoft declined to comment, while the Bloomberg spokesman Ty Trippet said "the company is not for sale." Still, experts say such a deal could make sense for Microsoft because Bloomberg is a treasure trove of data. Read more on BI Prime → Email sent to: ipat39@gmail.com   |   Unsubscribe Terms of Service   |   Privacy Policy © 2019 Insider Inc. 1 Liberty Plaza, New York, NY 10006