The Wicks Group buys United Business Media titles for $47 million.Once a major player in the newsletter and specialized-information field, The Wicks Group of Companies has since sold off its newsletter properties to focus on trade publications--a focus recently highlighted by its acquisition of London-based United Business Media's U.S.-based CMP Technology CMP Technology (formerly CMP Media) is a business-to-business multimedia company that provides information and integrated marketing services to technology professionals worldwide. Unit. For those of you following sale prices versus revenues, here's the math. The acquired magazines generated revenues of $41.3 million for the year ended December December: see month. 2005. They garnered $47 million in the acquisition. The sale includes Guitar Player, Bass Player, Pro Sound News, and Systems Contractor News. The Wicks Group describes itself as "A private equity firm focused on selected segments of the communications, information, and media industries." The Wicks Group, 405 Park Ave AVE Avenue AVE Average AVE Alta Velocidad Espanola (train between Madrid and Seville) AVE Alta Velocidad Española (Spanish: High Speed Train) AVE Audio Video Entertainment AVE Advertising Value Equivalent ., #702, 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 , NY 10022, 212-838-2100, fax 212-223-2109, www.wicksgroup.com United Business Media Plc, Ludgate House, 245 Blackfriars Road Blackfriars Road is a road in Southwark, SE1. It runs between St George's Circus at the southern end and Blackfriars Bridge over the River Thames at the northern end, leading to the City of London. Halfway up on the west side is Southwark tube station, on the corner with The Cut. , London SE1 9UY, U.K. + 44 ())20 7921 5000, www.unitedbuinsessmedia.com |
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