Advanstar buys Miami art fair

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CLEVELAND--Advanstar Communications continued its recent spending spree by acquiring the Art Miami International Art Fair from the International Fine Arts Exposition, Stuart, Fla. Art Miami is held annually at the Miami Beach Convention Center, attracting about 100 galleries exhibiting contemporary art from Europe, Asia, Latin America and the United States. David and Lee Ann Lester, principals of the IFAE will continue to manage Art Miami. The Lesters will also help oversee Advanstar's other art-related properties, including Artexpo New York, Artexpo Los Angeles and Art Business News magazine.
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