Show Biz Expos deal

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Advanstar Communications, Cleveland, is believed to be close to finalizing a deal to sell its U.S.-based Show Biz Expos to Anglo-Dutch media giant Reed Elsevier. The shows are held annually in New York and Los Angeles for production professionals from the film, TV and video industries. The exhibition is expected to become part of Cahners' newly formed Los Angeles-based Cahners Entertainment Group, which includes Variety, Daily Variety and Broadcasting & Cable.

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