M&A deals up slightly among trade magazines, shows

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New York—There were 32 trade magazine and trade show deals in 2003, up slightly from 29 in 2002, according to merger and acquisition firm Whitestone Communications, which tracks acquisitions in the publishing, information and training industries for its annual "Who’s Buying Whom" reference guide.

At the same time, the value of these b-to-b media deals more than doubled, from $355 million in 2003 compared with $175 million in 2002. The trade magazine/trade show category includes 11 trade shows with deal value of $96 million for 2003, versus 14 trade shows with deal value of $64 million in 2002.

“The stock market shooting upward combined with hopes for an improved magazine advertising climate helped push trade magazine deal-making up in 2003,” Whitestone Managing Director Sharon Sevrens said in a statement.

--Sean Callahan

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