Boston Ventures Announces the Acquisition of the Cahners Travel Group.Business/Technology Editors BOSTON--(BUSINESS WIRE)--Aug. 14, 2001 Boston Ventures, a leading private equity firm focusing on the media, entertainment and communication industries, announced today that it signed an agreement to purchase the Cahners Travel Group from Cahners Business Information, a member of the Reed Elsevier plc group (NYSE NYSE See: New York Stock Exchange : RUK RUK Reserviupseerikoulu (Hamina, Finland, Reserve Officers' School) RUK Are You Kidding? and ENL Noun 1. ENL - an inflammatory complication of leprosy that results in painful skin lesions on the arms and legs and face erythema nodosum leprosum Hansen's disease, leprosy - chronic granulomatous communicable disease occurring in tropical and subtropical ). The Cahners Travel Group ("CTG CTG Cartridge CTG Center for Technology in Government (SUNY, Albany, New York) CTG Center for Technology in Government CTG Computer Task Group (IT consulting company; Buffalo, NY, USA) ") is composed of worldwide directories, periodicals, and destination information guides which serve the travel and hospitality industry. CTG's seven directories provide details on hotels, cruise lines
Name Headquarters A'rosa Europe NCL America America AIDA Cruises Europe American Cruise Lines America and ships, meeting and convention properties, and business travel in the United States and internationally. The directories include Hotel Travel Index, Official Hotel Guide, Official Meetings Guide, Official Meetings Facilities Guide, Official Meetings Facilities Guide - International, Official Cruise Guide, and Business Travel Planner. CTG's three periodicals provide editorial coverage of the travel industry in general through Travel Weekly, the travel industry in the Western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century specifically through TravelAge West, and the meetings industry through Meetings and Conventions. In addition to its directories and editorial periodicals, CTG produces two information services See Information Systems. called STAR Service and Weissman Travel Reports that provide information on numerous travel destinations, including countries, cities, and ports-of-call. It is expected that this deal will close in September. About Boston Ventures Boston Ventures (www.bostonventures.com) is a leading private equity firm that has been an active investor and financial partner to management teams since 1983. The firm's longstanding commitment to the media, entertainment, and communications sectors of the economy has earned Boston Ventures a "franchise" position in the private equity community and an outstanding reputation as knowledgeable and value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. investors in these industries. Since its inception the firm has invested approximately $2.0 billion. About Cahners Cahners Business Information (www.cahners.com) is a leading provider of critical information and marketing solutions to business professionals in the media, manufacturing, electronics, construction and retail industries. Its market-leading properties include more than 135 business-to-business publications, over 125 Webzines and Web portals, as well as online services, custom publishing, directories, research and direct-marketing lists. Cahners is a member of the Reed Elsevier plc group (NYSE: RUK and ENL) - a world-leading publisher and information provider operating in the science and medical, legal, education and business-to-business industry sectors. |
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