Axel Springer revenue, profits fall in second quarter as weaker economy weighs
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FRANKFURT (Reuters) - German publisher Axel Springer reported a decline in revenue and profits in the second quarter, as a weakening economy hit its jobs classifieds business and it invested more in long-term growth projects.Springer, which is being taken private in an agreed deal with KKR , confirmed guidance for 2019 that was lowered when it announced on June 12 that the U.S. investor would tender to buy out minority investors.That deal, at 63 euros a share, won the necessary 20% of..