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Axios to sell itself to Cox Enterprises for $525 million

Axios to sell itself to Cox Enterprises for $525 million

Jim VandeHei, Co-Founder and CEO of Axios speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, May 3, 2022.

Mike Blake | Reuters

Axios is being acquired by Cox Enterprises, the companies said Monday, with plans to expand the digital news site’s coverage to include more cities.

The deal values Axios at $525 million, according to people familiar with the matter, who asked not to be named because financial terms of…


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