Bloomberg could sell his company if he runs for President: Business Insider

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Bloomberg could sell his company if he runs for President: Business Insider

 

FILE PHOTO - Businessman and former New York City Mayor Michael Bloomberg speaks at the opening of the Bloomberg Global Business Forum in New York, U.S., September 26, 2018. REUTERS/Shannon Stapleton

 

(Reuters) - Billionaire Michael Bloomberg said he was likely to sell his financial data and news company Bloomberg LP if he runs for president, Business Insider reported, citing an interview he gave to a local radio station.

 

Bloomberg said he would either sell the company, or put it in a blind trust, but that at his age, 76, it makes more sense to sell it, according to the report.

 

"I think at my age, if selling it is possible, I would do that," Bloomberg reportedly said in the interview with Radio Iowa.

 

Bloomberg LP declined to comment.

 

(Reporting By Aparajita Saxena in Bengaluru; Editing by Anil D'Silva)

 

-- © Copyright Reuters 2018-12-06

[JAG]

At his age - he will be 78 then if he runs for President!

Golly!

[Emster23]

Given the norm changes due to President Trumps refusal to sell his holdings or release income taxes, why does Bloomberg think he needs to sell. Doesn't he read the news?

[Tug]

Bloomberg would sell so no one would think he’s in it for the money also Bloomberg has a much much better track record than Donald 

[Cryingdick]

That would be the smart thing to do. If not obvious.

[KhunFred]

Electing a Jewish man as President is arguably more radical than electing a black or a female. America needs to demonstrate that antisemitism is dead and buried.

[stevenl]

3 hours ago, Tug said:

Bloomberg would sell so no one would think he’s in it for the money also Bloomberg has a much much better track record than Donald 

And I think he would be an excellent president.

 

But he is too old.