Early in October, J2 Global executed the previously announced spinoff of its secure data-exchange business (as a new publicly traded company named Consensus) and rechristened its much larger collection of remaining media properties as Ziff Davis (ZD, Financial). In conjunction with the spinoff, the company in September launched a tender offer for a portion of its 2030 bonds at a premium to par.
From First Eagle High Income Fund's third-quarter 2021 commentary.