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The conservative investment group offering $30 million to take control of The Messenger news site will not be looking to create a right-wing media vehicle, according to an individual close to discussions to buy the financially strapped news site owned by Jimmy Finkelstein, who told TheWrap: “Creating Breitbart 2.1 is not the move.”
“Anyone who puts up tens of millions of dollars for a company is going to want some control,” the person said. “There is genuine interest on both sides in acquiring The Messenger, as investors we believe it is a good product and they have some excellent reporters and a lot of tentacles in a lot of places,” the individual said, adding,”They are getting a lot of clicks but bleeding cash and not generating enough revenue.”
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