Posted on: 12/11/12
Penton Media's recent $79.9 million acquisition of Farm Progress from Sydney-based Fairfax Media more than doubled Penton's reach in U.S. agricultural markets. The deal, announced in November, underscores Penton's efforts to bolster its core assets and shed media properties it deems marginal.
Posted on: 10/05/12
The recent acquisition of The Deal should help bolster TheStreet's subscription services as the financial media company faces growing competition from ad-driven websites.
Posted on: 09/13/12
New York—Financial media company TheStreet has acquired The Deal from private equity company Wasserstein & Co. for $5.8 million in cash.