GEORGE LITILE MANAGEMENT SELLS EQUITY INTEREST.dmg world media (London), a unit of Daily Mail & General Trust, has acquired a 25% interest in George Little George Little may refer to:
GLM Global Marine (stock symbol) GLM Graduated Length Method (ski instruction) GLM Good Looking Mom (used in pediatric practices) GLM God Loves Me ; White Plains, NY), the largest privately--held trade show management company in the U.S., for $70 million. 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. terms of the deal made with the Little family, dmg world media will have the option of acquiring an additional 26% of GLM in 1020 and the remainder of the company in 2014. GLM is a producer and marketer of trade shows for consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and in the giftware, stationary, textiles, table--top, gourmet products, personal care and fragrance sectors. It also produces a number of exhibitions for the hospitality and meeting planning industries. As part of the agreement, GLM will manage ding world media's 10 gift shows in the U.S. and Canada. GLM currently operates annual gift shows in five cities. dmg world media president Mike Cooke said the deal "enhaces our presence in the gift industry, which is one of four core market sectors we are developing globally, and specifically in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ." The acquisition closely follows dmg's decision to sell its ding business media (Redhill) unit (TBP TBP To Be Provided/Published TBP TATA-Box-Binding Protein TBP Tau Beta Pi (National Engineers Honors Society) TBP The Black Parade TBP Tributylphosphate TBP To Be Printed TBP To Be Produced TBP True Boiling Point ; Oct. 17). That unit produces 50 trade exhibitions and conferences, 50 magazines, 22 directories, market reports and related Web sites. dmg world media first entered the U.S. market in 1996 with the purchase of Southex Exhibitions. Since then, the company has acquired an additional 10 businesses, including the "California Gift Show and Surf Expo" and Groupe Promexpo (Montreal, PQ). |
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