First quarter mergers & acquisitions increase.The Jordan Jordan, country, Asia Jordan, officially Hashemite Kingdom of Jordan, kingdom (2005 est. pop. 5,760,000), 35,637 sq mi (92,300 sq km), SW Asia. It borders on Israel and the West Bank in the west, on Syria in the north, on Iraq in the northeast, and on Saudi , Edmiston Group (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 ) reports that the number of mergers and acquisitions for 11 categories of media and information companies increased 28%, going from 109 deals in 2004 to 140 deals this year. The value of the deals increased 132%, going from $4.16 billion in 2004 to $9.67 billion this year. There were 12 deals in the B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business Magazine category valued at $349 million in the first quarter of 2005 compared to 11 deals valued at $676 million in the period last year. The New York Times purchase of About.com About.com is an online source for original consumer information and advice, a top 10 Web property used by one out of five people on the Internet (Nielsen NetRatings[1]). It is owned by the New York Times. for $410 million was the foruth largest deal of the quarter while McGraw-Hill's acquisition of J.D. Powers & Associates for $350 million was the sixth largest deal of the quarter. Whitestone Communications (New York) reported 111 deals in the first quarter this year compared to 91 deals in the 2004 period. The value of those deals fell from $4.8 billion in 2004 to $3.9 billion in the 2005 period. Whitestone president Baran Rosen said "deal makers continued to benefit from a positive economic environment that saw relatively low interest rates for debt financing Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay and good bank lending terms. We look for a continued strong acquisition market" ahead in 2005. |
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