The owner of business news site SmartCompany and Crikey has bought out ex Sunrise host David “Kochie” Koch’s family business, Pinstripe Media, in a deal that consolidates two publishers targeting start-ups, tech companies and small businesses.
Private Media chief executive Will Hayward would not reveal how much he paid for Pinstripe Media, but said the two companies regularly competed for readers and advertisers.
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Sam Buckingham-Jones is the media and marketing reporter at The Australian Financial Review. Connect with Sam on Twitter.