Mashable’s sign in their New York office. Mashable was in deep trouble financially before it sold for far below its one-time valuation of $250 million, according to documents reviewed by Business Insider. The company was heavily reliant on digital media advertising revenue, the documents show. It also lost $4.2 million in the three ... Read More »

The financial services giant is selling its single strategy asset management business for around £600m Old Mutual is to sell its single strategy asset management business to private equity firm TA Associates and the unit’s management team, which includes star fund manager Richard Buxton, for an expected £600m. The FTSE 100 finance ... Read More »