Wicks buys Georgetown Pub. for $20 million.Wicks Business Information LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control has acquired Georgetown Georgetown, city, Guyana Georgetown, city (1985 est. pop. 75,000), capital and largest city of Guyana, on the Atlantic Ocean at the mouth of the Demerara River. Publishing House and Global Network Inc., creating one of the largest newsletter publishing companies in the general management market. A knowledgeable source said the purchase price was approximately $20 million. The investment banking firm of Eugene Simonoff & Associates Inc. represented Georgetown in the transaction. The 1993-founded Georgetown was owned by Dani Levinas with Germany-based Norman Rentrop Norman Rentrop (born 1957 in Bonn) is a German publisher, author and investor. He is owner/shareholder of the German - based "Rentrop publishing group", "Rentrop & Straton" in Romania, "Wiedza i Praktyka" in Poland. , a limited partner and 50 percent shareholder. Levinas will continue as in a consulting capacity, with a two-year contract. Georgetown's eight newsletters will join the Briefings Publishing Group (BPG BPG Blocks Per Game (basketball statistic) BPG Bisphosphoglycerate BPG Bi-National Planning Group (NORADHQ) BPG Belgian Polymer Group BPG Binational Planning Group ), Alexandria, Virginia Alexandria is an independent city in the Commonwealth of Virginia. As of the 2000 census, the city had a total population of 128,284. Located along the Western bank of the Potomac River, Alexandria is approximately 6 miles (9.6 kilometers) south of downtown Washington, DC. , which the very acquisitive Wicks acquired last August (NL/NL 8/99 & 5/15/00). Michelle Cox, Wicks executive vice president and publisher of BPG, said, "The Georgetown publications are well known and valued throughout the business community. Our combined editorial content has significant potential for expansion into the electronic marketplace. This represents an important element of our strategy." Wicks president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Douglas Manoni echoed Cox's comments: "The strategic opportunities and leverage that surround this group are enormous." Cox told NL/NL that for the time being all staff will stay in place in Georgetown's Washington, D.C. offices. Wicks Business Information, an affiliate of The Wicks Group of Companies LLC, was recently named in the top 40 fastest growing information companies by Folio (1) Text management software for the professional reference publishing market from Fast Search & Transfer, Oslo, Norway and Boston, MA (www.fastsearch.com). Known as FAST Folio since its acquisition in 2004 from NextPage, Inc. : magazine. The tally Wicks Business Information purchased the following newsletters from Georgetown Publishing House: * Trend Letter (26x, 195/year) * Funny Business (12x, $109) * American Speaker (24x, $297) * The Organized Executive (12x, $97) * What's Working Online (24x, $297) * Hiring the Best (12x, $487) * Leadership Strategies (12x, $99) * Executive Advantage (12x, $207) Wicks' Briefings Publishing Group, which will publish the newly acquired letters, publishes these: * Communication Briefings (12x, $89) * Fred Pryor's Managers Edge (12x, $97) * Team Management Briefings (12x, $99) * The Competitive Advantage (12, $99) |
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