Forbes

Binance to Become Major Owner of Forbes After $200M Stake
Binance to Become Major Owner of Forbes After $200M Stake

Binance will be investing $200 million in Forbes. This will make Binance one of the two biggest owners of Forbes. Binance will also possess two board seats out of nine. Binance announced that it will be investing $200 million in Forbes, one of the largest print and digital media publishers in the world. The move will turn Binance into one of the two biggest owners of Forbes. Technically speaking, since Forbes will become a publicly-traded company on the New York Stock Exchange (NYSE) for $400 million, Binance will take half of the entire stake. According to an article by Forbes,