Business Insider Parent Nears Deal to Buy Controlling Stake in Morning Brew

October 27, 2020

The Wall Street Journal September, 2020

While undergraduate students at Michigan Ross, Alex Lieberman (BBA ’15) and Austin Rief (BBA ’17) launched MorningBrew, a startup known for a popular email newsletter on business and finance.

Business Insider parent Insider Inc. is nearing a deal to acquire a controlling stake in Morning Brew. The terms the companies are discussing would value Morning Brew at over $75 million, including certain performance incentives, the people said.

Read the full article here: