By Noel Young

Former New York Mayor Michael Bloomberg is to take charge again of Bloomberg L.P., the financial data and media company giant he founded in 1981.

The decision to reassume the leadership came just only eight months after he ended his final term as mayor of New York, the New York Times reported.

The Times said Bloomberg told close confidants and senior executives late on Wednesday that Daniel L. Doctoroff, chief executive of the company and a longtime friend, would leave the company at the end of the year and that he would take over.

For years, Bloomberg Read full story ›

Source: The Drum