Bloomberg could sell his company if he runs for President -Business Insider

FILE PHOTO: Businessman and former New York City Mayor Michael Bloomberg speaks at the opening of the Bloomberg Global Business Forum in New York, U.S., September 26, 2018.

(Reuters) - Billionaire Michael Bloomberg said he was likely to sell his financial data and news company Bloomberg LP if he runs for president, Business Insider reported https://read.bi/2BSGAXZ, citing an interview he gave to a local radio station.

Bloomberg said he would either sell the company, or put it in a blind trust, but that at his age, 76, it makes more sense to sell it, according to the report.

"I think at my age, if selling it is possible, I would do that," Bloomberg reportedly said in the interview with Radio Iowa.

Bloomberg LP declined to comment.


(Reporting By Aparajita Saxena in Bengaluru; Editing by Anil D'Silva)