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Haymarket Media acquires ‘DMNews’

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New York—Haymarket Media has acquired DMNews from Courtenay Communications Corp. Financial terms of the deal were not disclosed.

DMNews (50,000 circ.) was launched in 1979 by Adrian Courtenay, who has been owner and CEO since the magazine’s inception. In addition to the weekly print magazine, there is a Web site, and six e-mail newsletters.

The sale also includes the rights to Courtenay’s iMarketing News, which was published from 1999 through 2002.

Haymarket Media, the U.S. subsidiary of U.K.-based Haymarket Media Group, publishes a dozen magazines, including PRWeek and Medical Marketing & Media. Haymarket titles in the U.K. include Direct Response, Marketing and Marketing Direct.

Media investment bank Jordan, Edmiston Group represented Courtenay Communications in the transaction.

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