Wicks acquires "Credit Union Times".Wicks Business Information (WBI (WeB Intermediaries) A technology from IBM that provides a framework for intermediate processing between the user's browser and the Web server. WBI provides a middleware standard that can be used for password and privacy management, for transcoding from one format to ; Fairfield, CT) has acquired "Credit Union Times" magazine from founder Michael Welch and management. No terms of the deal were given. The Jordan, Edmiston Group (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 ) represented the magazine in the deal. "Credit Union Times" is described as the industry's primary source for news, feature stories, statistics, trend analysis and other editorial content. Published weekly, "Credit Union Times" has a paid circulation base of approximately 9,000 subscribers, including credit union presidents/CEOs, executive staff, marketing executives, operations executives and directors/committee members. It was launched in 1990. WBI ceo Doug Manoni said "We plan to leverage 'Credit Union Times" market dominance Market dominance is a measure of the strength of a brand, product, service, or firm, relative to competitive offerings. There is often a geographic element to the competitive landscape. and launch several new products that will make the 'Credit Union Times" franchise even more powerful and resourceful." One of the many factors that made 'Credit Union Times' such a valuable acquisition for WBI was the expanding scope of credit unions in the country's financial marketplace, he added, growth fueled by favorable regulatory changes. This marks the second acquisition by WBI since it announced its re-launch and a significant recommitment re·com·mit tr.v. re·com·mit·ted, re·com·mit·ting, re·com·mits 1. To commit again. 2. To refer (proposed legislation, for example) to a committee again. of capital from The Wicks Group of Companies earlier this year. The company purchased "Corporate Legal Times" in February. WBI's new strategy is to acquire and build specialized information products serving overlapping and related segments of the financial and corporate markets, with emphasis on those market segments with compliance and regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. . "Credit Union Times" fits into the strategy and will join WBI's "Treasury & Risk Management" magazine, a monthly finance magazine and bimonthly bi·month·ly adj. 1. Happening every two months. 2. Happening twice a month; semimonthly. adv. 1. Once every two months. 2. Twice a month; semimonthly. n. pl. e-newsletter and producer of two annual conferences for chief financial officers, corporate treasurers and controllers, "Corporate Legal Times," which serves corporate counsel with a monthly magazine, and various other information products including the annual SuperConference, and the Investment Advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and Group, publishers of "Investment Advisor" magazine and numerous e-newsletters and producer of the Investment Advisor Wealth Advisor Summit. |
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