Billionaire real estate mogul Donald Trump has made the publishers of CQ Roll Call an offer to purchase the publication, FishbowlDC has learned. Details on the deal have not been finalized but the offer is said to be close to $500,000 for all publishing rights and current staff.
“We’re getting out while ahead,” said Andrew Rashbass, chief executive of The Economist Group, which owns CQ Roll Call. “Well, ‘ahead.’ You know what I mean.” Rashbass wouldn’t get into specifics of the terms of the offer but said he’s “just glad” somebody wants to purchase the publication.
CQ Roll Call has undergone a series of big changes of late. In January there were roughly 30 layoffs, mostly on the business side but a few also in editorial.
“This is huge,” Trump told FishbowlDC. “I’m not ready to say just yet. I have to consider my highly successful, highly rated show ‘The Apprentice’ and how owning a newspaper will affect that. So we’ll see. But I’m thinking I’m probably going to buy it. Maybe.”
FBDC has also learned…
That there is absolutely no truth to any of this. Happy April Fools’ Day.