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Partly_True
partly true

CLAIM ID

13c7952f

Bloomberg had said that if he was elected, he would sell his business and give almost all the proceeds to his foundation.

The news articles by Bloomberg and CNN News confirm that his campaign advisors had said so about his business but not about its proceeds.

The news articles by Bloomberg and CNN News confirm that his campaign advisors had said so about his business but not about its proceeds.The news article by Bloomberg reported on 19 February 2020 that a spokesperson for Michael Bloomberg’s campaign said that if he were to be elected as the U.S. President, he would sell his financial data and media company. It adds that the campaign also said that there would be no confusion about any of his financial holdings blurring the line between public service and personal profiteering.

The CNN news article reported that Bloomberg's campaign adviser told CNN that Bloomberg would sell his financial information and media company if he were to be elected as the president.

Bloomberg discussed the objectives of possible 2020 presidential bid in the Radio Iowa press meet on 4 December 2018. In that meet, he had said that he would either place his company in a blind trust or sell it if he was elected as the U.S.Preseident.

However, Bloomberg and his representatives have not said anything about the proceeds of such a sale.

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