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Quartz selling to Japanese media company

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Tokyo-based media company Uzabase signed on to purchase U.S. news publication Quartz.

Founded by two former UBS investment bankers and a technology consultant, Uzabase agreed to pay between $75 million and $110 million. The final price is continent on Quartz’s financial performance.

Uzabase’s deal with Quartz parent Atlantic Media is expected to close within a month.

Read more from Quartz.

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