Primedia buys Kagan World Media

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New York--In a bid to boost its Internet and global presence, Primedia Inc. has agreed to acquire media research and publishing company Kagan World Media Inc. Kagan's properties include Kagan Euromedia Magazine and Asia Cable & Satellite World Magazine, as well as 38 newsletters, data-centric forecasting reports and executive conferences. Paul Kagan, Kagan World Media's founder and CEO, will become vice chairman of Primedia Ventures, the venture capital arm of Primedia Inc. Financial terms were not disclosed.
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