Summit closes acquisition of Wicks Business Information

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New York—Summit Business Media announced Monday that it has closed its acquisition of Wicks Business Information, a media company targeting financial services and legal markets in North America. Financial terms of the deal were not disclosed. Wicks publishes Credit Union Times, Inside Counsel, Investment Advisor and Treasury & Risk as well as their respective Web sites. The law firm of Reed Smith Sachnoff & Weaver assisted Summit in the transaction.
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