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Sale of Questex to senior lenders completed

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Questex Media Group announced that it has completed its acquisition of the assets of QMG Holdings Inc. and Questex Media Group Inc., both of which had filed for Chapter 11 bankruptcy protection. The new company, which comprises senior lenders of the predecessor companies, has separate financing and is not subject to the Chapter 11 cases filed by QMG Holdings and Questex Media Group Inc. The new company now owns Questex's magazines, online media and events, as well as FierceMarkets, FiveStarAlliance, ImagingNetworks, InfoTrends, McLean Events International and Oxford Publishing.
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