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| name = Bloomberg L.P.
| logo = Bloomberg logo.svg
| image = Bloomberg
| image_caption = [[Bloomberg Tower]] on [[Lexington Avenue]] in [[Midtown Manhattan]]
| type = [[Privately held company|Private]]
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| hq_location = [[731 Lexington Avenue|Bloomberg Tower]]<br>731 [[Lexington Avenue]]<br>[[New York City|New York]], [[New York (state)|NY]] 10022<br>U.S.
| locations = 176 offices
| num_locations_year = 2021
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In late 1996, Bloomberg bought back one-third of Merrill Lynch's 30 percent stake in the company for $200{{nbsp}}million, valuing the company at $2{{nbsp}}billion.<ref>{{cite news|url=https://www.wsj.com/articles/SB850771632890084000|title=Bloomberg Buys Back Stake From Merrill for $200 Million|newspaper=Wall Street Journal|date=December 17, 1996}}</ref> In 2008, facing losses during the financial crisis, Merrill Lynch agreed to sell its remaining 20 percent stake in the company back to Bloomberg Inc.,<ref>{{cite web|url=https://www.sec.gov/Archives/edgar/data/65100/000095012308008850/y64172e10vq.htm|title=Quarterly Reports on Form 10-Q |date=August 5, 2008 |publisher=Securities and Exchange Commission }}</ref> majority-owned by Michael Bloomberg,<ref>{{cite web|url=http://www.recode.net/2016/1/26/11589068/mike-bloomberg-is-worth-49-billion-much-more-than-most-people-thought|title=Mike Bloomberg Is Worth $49 Billion, Much More Than Most People Thought|first=Edmund|last=Lee|date=January 26, 2016|publisher=recode.net }}</ref> for a reported $4.43{{nbsp}}billion, valuing Bloomberg L.P. at approximately $22.5{{nbsp}}billion.<ref name="The New York Times">{{cite news |first1=Michael J. |last1=de la Merced |last2=Story |first2=Louise |url=https://www.nytimes.com/2008/07/17/business/17broker.html|title=Bloomberg Expected to Buy Merrill's Stake in His Firm|date=July 17, 2008 |work=[[The New York Times]] |access-date=October 26, 2011}}</ref><ref name="reuters.com">{{cite news|url=https://www.reuters.com/article/us-merrill-results/merrill-posts-4-9-billion-loss-sells-bloomberg-stake-idUSWNAB118720080718|title=Merrill posts $4.9 billion loss, sells Bloomberg stake|date=July 18, 2008|publisher=Reuters|access-date=October 26, 2011}}</ref>
Bloomberg L.P. has remained a private company since its founding
In May 2022, Bloomberg announced it would launch a new venture in the UK, Bloomberg UK, as part of a wider international strategy. Bloomberg UK plans to hire in the region and has launched a standalone website, a weekly video series, a podcast and new event series.<ref>{{Cite web |last=Silvera |first=Ian |title=Why people really pay for news |url=https://www.news-future.com/p/why-people-really-pay-for-news |access-date=2022-05-13 |website=www.news-future.com}}</ref>
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====''Nafeesa Syeed v. Bloomberg L.P.''====
According to a recent case in August 2020, Bloomberg L.P. is again being charged with discrimination against black and non-white workers. Nafeesa Syeed, who served at Bloomberg for around four years as a national security reporter and Middle East reporter, sued the corporation in New York city court for sexism based on her gender and her ethnicity as a South Asian-American. Bloomberg faces a related complaint by a former saleswoman, who filed under a pseudonym in June and the corporation is now seeking to compel a public release of her name. Throughout both cases the same law firm
==See also==
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