2001 MEDIA M&A ACTIVITY TO REMAIN VIGOROUS, REPORT SAYS.A majority of media executives expect merger and acquisition activity in 2001 to stay the same or increase over 2000, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an annual survey conducted by AdMedia Partners (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ). About 50% of respondants expect activity to remain the same while 24% of respondants anticipate an increase in activity. Among professionals in the b2b publications category, 38% think activity will stay the same with 30% anticipating an increase over 2000. Also, respondants' estimates of media property valuations haven't have·n't Contraction of have not. haven't have not haven't have changed substantially from last year, with b2b publications valuations ranging from 7-10x annual cash flow. Among the survey's other findings: 47% of executives would advise buyers to act now, down from 73% last year; 75% would advice sellers to act now; the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the was a revenue stream for about two-thirds of the companies last year; and, more than two-thirds of respondants expect their Internet spending to increase in 2001. |
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