United Business Media (London) has completed the acquisition of MediaMedia's (Teterboro, NJ) drug information business in continental Europe and Asia, and all the trade press, patient education and pharm marketing solutions businesses in Germany, Benelux and Asia-Pacific.United Business Media (London) has completed the acquisition of Media-Media's (Teterboro, NJ) drug information business in continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas. and Asia, and all the trade press, patient education and pharm marketing solutions businesses in Germany, Benelux and Asia-Pacific. The purchase price remains unchanged at EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 282.5 million in cash. The acquired properties had 2003 revenue of EUR105.8 million and EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become of EUR24.4 million. |
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