During a wide-ranging interview with The Wall Street Journal, Hearst Corporation CEO Steve Swartz dropped this interesting tidbit — the publishing giant is on the hunt for business media companies.
Swartz was asked to comment on Hearst’s increased stake in Fitch, one of the three nationally-recognized statistical ratings organizations, and he replied that there was more work to be done:
Whether we are talking about financial-services information, our health-care businesses, or our automotive-information businesses, they all produce data and analytics and services that are used in the day-to-day business of the customers, and that’s an area that we very much believe in.
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