Crain to acquire MiBiz for undisclosed amount
Crain Communications announced Wednesday that it has agreed to acquire MiBiz for an undisclosed amount. A story on Crain’s Detroit Business states, “The deal for MiBiz is effective Jan. 1, the companies announced Wednesday. Terms were not disclosed. “Detroit-based Crain acquired MiBiz, which launched in 1988, from privately owned MiBiz Inc. The purchase follows Crain’s acquisition […]
HousingWire parent buys real estate data company
HW Media, publisher of HousingWire, RealTrends and Reverse Mortgage Daily, announced Thursday it has acquired real estate data firm Altos Research for an undisclosed amount. Altos provides weekly market statistics, analysis and reporting for 99 percent of the zip codes in the United States. Altos founder and CEO Mike Simonsen will join HW Media executive team as president of […]
Business NH Magazine is sold
Business NH Magazine has been sold for an undisclosed amount to a group that includes its editor in chief. Granite Media Group, the new owners, is comprised of Matthew J. Mowry, who has served as editor of Business NH Magazine for 22 years; Christine Carignan, a 16-year veteran of the magazine, serving as its creative director; […]
Reuters acquires artificial intelligence financial news service PLX AI
In a message to staff today, interim president Matt Keen shared that Thomson Reuters has completed the acquisition of PLX AI – a financial news service – and will now begin the integration into Reuters News: Colleagues, I am delighted to share that Thomson Reuters has acquired PLX AI, a real time financial news service […]
Informa sells Lloyd’s List, world’s oldest B2B publication
Informa announced the sale of maritime news service Lloyd’s List to Montagu private equity in a £385m deal, reports Dominic Ponsford of Press Gazette. Ponsford writes, “Lloyd’s List was launched in 1734 and may be the oldest B2B title in the world. The print edition closed in 2013 but it has gone from strength to strength as a paywalled website […]
Forbes hires investment bank to explore sale
Business magazine Forbes has tapped the investment bank Citigroup to explore a sale after a previous deal to go public fell through, reports Benjamin Mullin and Lauren Hirsch of The New York Times. Mullin and Hirsch report, “In recent weeks, an offering document describing Forbes’s financials compiled by Citi has been circulated to companies in the media sector, […]
Forbes hires investment bank to explore sale
Business magazine Forbes has tapped the investment bank Citigroup to explore a sale after a previous deal to go public fell through, reports Benjamin Mullin and Lauren Hirsch of The New York Times. Mullin and Hirsch report, “In recent weeks, an offering document describing Forbes’s financials compiled by Citi has been circulated to companies in the media sector, […]
Law360 seeks a senior reporter to cover mergers and acquisitions
Law360, a LexisNexis company, is an online newswire for business lawyers that covers major litigation, transactions, and regulatory issues. Founded in 2004 and acquired by LexisNexis in 2012, Law360 is a cutting-edge organization and one of the fastest-growing subscription news services in the U.S. Our subscribers include the largest law firms in the U.S. and […]
Real Deal taps Welton as senior editor
Caysey Welton has joined The Real Deal as a senior editor. Recently, Welton was a content director at RISMedia. Previously, Welton was at Access Intelligence. There, he was an editorial assistant and senior editor for Folio: | min; was an associate editor for Folio: | min | PR News; group editor for min and content […]
Euromoney Institutional Investor accepts $1.7 billion offer
Financial news and information business Euromoney Institutional Investor Plc has accepted a $1.7 billion offer from two private equity firms to purchase the company, reports Bron Maher of Press Gazette. Maher reports, “Euromoney is not Epiris’ first investment in the media: it bought NME and Marie Claire from Meredith Corp, then parent company to Time Inc, in February 2018. […]
