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. […]
Informa is acquiring Industry Dive for up to $525 million
Industry Dive, a Washington, D.C.-based business news company, has signed an agreement to be acquired by Informa, a publicly traded events and publishing company, for an enterprise value of $525 million, reports Sara Fischer of Axios. Fischer reports, “It’s a great outcome for Industry Dive, which has grown its business to over $100 million in annual […]
Wu named chief Asia M&A correspondent for Reuters
Reuters correspondent Kane Wu has been named chief Asia mergers and acquisitions correspondent. She has been with Reuters since June 2017 in Hong Kong. Wu previously worked at the Wall Street Journal from October 2015 to May 2017 in Hong Long. She also worked for Reuters from August 2011 to September 2015 covering syndicated loans […]
