Magazine and trade show deals double in third quarter

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New York—The number of magazine and trade show deals nearly doubled in the third quarter of this year compared with the same period in 2004, according to a report released by mergers and acquisitions advisory company Whitestone Communications. The total number of magazine and trade show deals in the third quarter was 24, up from 14 in 2004’s third quarter. One deal, Primedia’s sale of its trade magazine portfolio to PBI Media Holdings for $385 million, accounted for the bulk of the $632 million in deal value, up from $126 million. Whitestone tracks M&A activity for its annual reference guide, “Who’s Buying Whom.”

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