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First Eagle Comments on Ziff Davis

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Oct 28, 2021
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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.

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