CBI Research's Energy Conference Business Acquired by the Platts Division of McGraw-Hill.Business Editors WOBURN, Mass.--(BUSINESS WIRE)--May 13, 2004 CBI CBI abbr. cumulative book index CBI Confederation of British Industry CBI n abbr (= Confederation of British Industry) → C.E.O.E. Research, Inc., also known as The Center for Business Intelligence (CBI) today announced that it has sold its energy conference business to Platts, the global energy information division of The McGraw-Hill Companies. Terms of the transaction were not disclosed. Launched in 1995, CBI's energy division produces over 40 conferences for the energy industry each year. The group brings together leading experts to evaluate current regulatory climates regulatory climate The extent to which a regulated firm or industry is permitted to earn an adequate return on the stockholders' investment. This term is nearly always used in reference to utilities, which are required to obtain approval for rate changes. and reforms, privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned and development timelines, financing mechanisms, legal issues and risk mitigation strategies on a wide range of topics. From the ongoing deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. of electric and gas markets to privatization and development opportunities in the electric, oil and gas sectors, CBI's energy conferences offer knowledgeable solutions to the challenges of doing business in specific regions. This transaction allows CBI to focus on its core business of producing world class events for the pharmaceutical and biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. , risk and insurance, managed care and other non-energy related industries. These CBI units have enjoyed tremendous growth, and now with the divestiture The breakup of AT&T. By federal court order, AT&T divested itself on January 1, 1984 of its 23 operating companies, which became known as the Regional Bell Operating Companies (RBOCs). of the energy segment, CBI will concentrate on accelerating development of the 80 conferences it currently produces and establishing complementary product offerings for these high-growth vertical markets. About Platts: Platts, a division of The McGraw-Hill Companies, is the world leader in providing energy information. For nearly a century, Platts has helped to enable ever-changing global energy markets enhance their performance through such offerings as independent industry news and price benchmarks. From 14 offices worldwide, Platts covers the oil, natural gas, electricity, nuclear power, coal, petrochemical and metals markets. Additional information on Platts real-time news and price assessment services, publications, databases, geospatial Geospatial is a term widely used to describe the combination of spatial software and analytical methods with terrestrial or geographic datasets. The term is often used in conjunction with geographic information systems and geomatics. tools, conferences, magazines, research and analytical services and energy financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. is available at www.platts.com. About CBI Research Inc.: CBI is a privately held, world-class conference company that focuses on producing high-level programs for executive decision-makers who face strategic issues in domestic and international markets. CBI has provided information and networking opportunities for thousands of senior- level executives in various industries for nearly ten years. More information is available at www.cbinet.com |
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