The acquisition of Competitive Media Reporting by Taylor Nelson Sofres, an international market information service company based in London, was finalized last week. The sale price was $88 million.
The Industry Standard will spin off a monthly title later this summer. Individual issues of Grok will cover specific sectors of the Internet economy; the debut issue, focusing on entertainment, hits newsstands Aug. 8.
Copyright June 2000, Crain Communications Inc.