Michael Bloomberg to return as head of Bloomberg company

September 4, 2014 12:38 AM

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Michael Bloomberg to return as head of Bloomberg company

(Reuters) - Former New York Mayor Michael Bloomberg will return as head of Bloomberg LP, the data and financial news company he founded, replacing Daniel Doctoroff who has decided to step aside, the company said on Wednesday.

Bloomberg LP, in which Bloomberg is the majority shareholder, said Doctoroff would step aside as president and chief executive at year-end.

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