Japanese Media Company Uzabase Is Buying Atlantic Media’s Quartz

The deal is expected to close in 30 days

There are no layoffs planned as part of the acquisition, Delaney and Lauf told staff members in an email. Sources: Quartz, Uzabase

Japanese-based media company Uzabase agreed to acquire Quartz, the business news website created and owned by Atlantic Media, to grow its global reach.

@SaraJerde sara.jerde@adweek.com Sara Jerde is publishing editor at Adweek, where she covers traditional and digital publishers’ business models. She also oversees political coverage ahead of the 2020 election.