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DMG WORLD MEDIA ACQUIRES ART EXPOS; FORMS FINE ART/ANTIQUE DIVISION.


dmg world media (London), a division of Daily Mail & General Trust, has decided to form a new international group within its art & antique antique. The term has been used collectively to designate classical Greek and Roman works of art, particularly sculptures; as an adjective to indicate an object, a period, or a style of ancient or early times; and as a noun, for objects of art, furniture, rugs,  sector to specialize speĀ·cialĀ·ize
v.
1. To limit one's profession to a particular specialty or subject area for study, research, or treatment.

2. To adapt to a particular function or environment.
 in organizing fairs for the elite sector of the arts & antiques industry. The core of the new group has been formed through the acquisition of International Fine Art Expositions (IFAE; Stuart, FL) from owners David and Lee Ann Lester.

dmg world media will pay $18 million on completion, with a further payment after Dec. 31 2001, based on 5x the profits of the year ending Dec. 31, minus the $18 million. The company estimates the cost at that time will be $19 million. A further earn-out arrangement staged over three years may cost an additional $12 million.

IFAE operates four fine arts and antiques fairs in Palm Beach and Texas, including "Palm Beach International Art & Antique Fair," "Art Palm Beach," "Palm Beach Town & Country International Exposition" and "Texas International Fine Art Fair." The company plans to launch a fifth fair in 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
 in 2002.

Staff headquarters for the new unit will be in Stuart. ding 1. ding - Synonym for feep. Usage: rare among hackers, but commoner in the Real World.
2. ding - "dinged": What happens when someone in authority gives you a minor bitching about something, especially something trivial. "I was dinged for having a messy desk."
 world media executive vice president Mark Carr CARR Carrier
CARR Customer Acceptance Readiness Review
CARR Carrollton Railroad
CARR Corrective Action Request and Report
CARR City Area Rural Rides (Texas)
CARR Configuration Audit Readiness Review
CARR Customer Acceptance Requirements Review
 said his company "will continue to seek opportunities and venues throughout the world. We believe the demand for high-quality art and antique fairs exists elsewhere and we will encourage and enable this new group to launch new shows to serve international art & antique dealers antique dealer nanticuario/a

antique dealer nantiquaire m/f

antique dealer antique n
."
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:DMG WORLD MEDIA ACQUIRES ART EXPOS; FORMS FINE ART/ANTIQUE DIVISION.
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:4EUUK
Date:Jun 16, 2001
Words:233
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