Quartz, the online business-news startup founded by Atlantic Media nearly six years ago, is getting a new parent: Uzabase Inc.
The Japanese financial intelligence and media firm, a relative unknown in the U.S., will pay between $75 million and $110 million for Quartz in cash and stock, tied to the site hitting certain financial goals. The deal will strengthen Uzabase’s U.S. foothold as it seeks growth outside Asia.
The...