EDN has a Potential Buyer?
From Min online:
Last week the B2B industry was shaken by the news that Reed Business Information was being put up for sale by parent company Reed Elsevier. Today, it was reported by the Times of London, that RBI might have a potential suitor: private equity firm Apax Partners. According to folio.com, a spokesperson for Apax’s New York office would not comment on this possible development.
Apax currently owns the B2B media company Incisive Media; in December, it acquired, in partnership wtih Guardian Media Corp., Emap’s B2B division. Last August Incisive purchased ALM Media for $630 million. (more)