Quantum Business Media sells assets to United Bus. Media & William Reed.Quantum Business Media (Croydon, UK) has sold its licensed trade licensed trade n → comercio or negocio autorizado licensed trade n → commercio di bevande alcoliche con licenza speciale sector publishing and events assets, including the leading title in the UK licensed pub trade area, The Publican publican [Lat.,=state employee], in ancient Rome, man who was employed by the state government under contract. As early as c.200 B.C. there was a class of men in Rome accustomed to undertaking contracts involving public works and tax collecting; the tax collectors , to United Business Media (London) for 21 million [pounds sterling] in cash. In 2004, the acquired assets had revenues of 6.8 million [pounds sterling] and profit before tax of 2.2 million [pounds sterling]. The Publican is a weekly newspaper distributed on a controlled basis to 33,000 pub owners, trade associations, pub companies, brewers and suppliers. Other assets other assets Assets of relatively small value. For financial reporting purposes, firms frequently combine small assets into a single category rather than listing each item separately. in the deal include an accompanying web site, special reports and supplements, six industry events, the "Pub & Bar" exhibition, a directory and a database. The acquired assets will become a part of United's Advertising Publications (UAP UAP Unstable Angina Pectoris UAP United Agri Products UAP User Account Protection (Microsoft Vista) UAP University Affiliated Program UAP Unlicensed Assistive Personnel UAP Universidad Adventista Del Plata ) and are expected to be earnings enhancing in the first year. Also, Quantum has sold British Baker, Meat Trades Journal and Hotel & Restaurant magazines as well as the "Restaurant Show" to William Reed William Reed (June 6, 1776 - February 18, 1837) was a U.S. Representative from Massachusetts. Born in Marblehead, Massachusetts, Reed received a limited education. He engaged in mercantile pursuits. (Crawley, UK). No terms of that deal were given. William Reed currently produces 12 business magazines, including PubChef, The Grocer, Convenience Store, Food Manufacture and Multiple Buyer. Quantum will continue to produce a variety of business magazine titles, including MediaWeek, AV Magazine, Packaging News, Housing Focus and Building Products. |
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