Informa Group acquires assets of PJB publications.Informa Group (London) has agreed to acquire all the outstanding shares of PJB PJB PJ Brown (NBA Player) PJB Pakistan Journal of Botany PJB Pat Jordan Band PJB Premature Junctional Beat PJB Patrick Joseph Buchanan (politician) Publications Ltd. (Surrey, UK; 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 ) for a one-time payment of 120 million [pounds sterling] (118.5 million [pounds sterling] in cash) and an additional payment of an amount equal to the amount of cash balances of the PJB group at completion of the deal, subject to a maximum of 31.5 million [pounds sterling]. The purchase is contingent on Adj. 1. contingent on - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress" contingent upon, dependant on, dependant upon, dependent on, dependent upon, depending on, contingent PJB shareholder approval. PJB is a publisher of international business news and information services See Information Systems. , including newsletters, magazines, market reports, educational materials, directories and databases, for three main sectors; Pharmaceuticals/Biotechnology; Devices, Diagnostics & Instrumentation instrumentation, in music: see orchestra and orchestration. instrumentation In technology, the development and use of precise measuring, analysis, and control equipment. ; and, Crop Protection & Animal Health. For fiscal year 2003 ending Aug. 31, the company had revenues of 23.4 million [pounds sterling], a decline of 10.7% from the 26.2 million [pounds sterling] reported in 2002, and profit before taxes of 9.9 million [pounds sterling], a decrease of 13.2% from 11.4 million [pounds sterling] in 2002. Approximately 70% of the company's revenue comes from subscriptions. The Pharmaceutical/Biotechnology unit publishes the magazines Scrip, Good Clinical Practice Journal and BioPeople; newsletters Scrip World Pharmaceutical News, Scrip's Target World Drug Delivery News, BioVenture View, BioCommerce Abstracts and, Scrip Daily News Alert, an daily e-mail. Also, unit Brookwood Medical Publications (Surrey, UK) produces Journal of Medical Economics, Journal of Outcomes Research, Journal of Clinical Research and Journal of Drug Assessment. The Devices, Diagnostics & Instrumentation division produces two journals, Regulatory Affairs Regulatory Affairs (RA), also called Government Affairs, is a profession within regulated industries, such as pharmaceuticals, medical devices, energy, and banking. Regulatory Affairs professionals usually have responsibility for the following general areas: The Crop Protection & Animal Health unit produces Regulatory Affairs Journal-Pharma and the newsletters Agrow World Crop Protection News, Animal Pharm World Animal Health & Nutrition News and ASI ASI, n See Anxiety Sensitivity Index. . While PJB does not currently operate conferences and exhibitions, Informa said there will be "significant branded conference, seminar and exhibition opportunities" associated with PJB's publications. Informa had previously stated that it wanted to build on its life sciences publishing assets and to acquire a subscription publishing portfolio. |
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