Forbes looks to China for its deal to go public
There don’t seem to be any Forbes family members involved anymore, but Forbes Media is poised to go public by tapping prolific Chinese dealmakers for capital
Forbes Global Media Holdings Inc., the holding company for Forbes magazine and its related media endeavors, is going public. But, despite plenty of nods to the family’s brand name, the company went to China for the capital to get the deal done and tapped the popular SPAC structure to get it done fast.
The new company’s majority owner will continue to be …