Questex to complete sale to senior lenders, emerge from bankruptcy protection

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Newton, Mass.—Questex Media Group Holdings announced last week that the sale of the company's assets, which include Travel Agent and FierceMarkets, to a group of its senior lenders has been approved by the U.S. Bankruptcy Court for the District of Delaware.

The sale is expected to close and the company to emerge from Chapter 11 bankruptcy protection "within days," Questex said in a press release. “We are now within days of emerging from Chapter 11 as a renewed company with an improved capital structure,” Questex CEO Kerry Gumas said in a statement.

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