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Article: Petters Group Worldwide Acquires Assets of Metropolitan Media Group.
- Article from:
- PR Newswire
- Article date:
- July 17, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MINNEAPOLIS, July 17 /PRNewswire/ -- Petters Group Worldwide announced today the acquisition of all assets from Metropolitan Media Group which will cease operations. The new entity solely owned by Petters Group initially will be called Community Media Group. This acquisition aligns future and current business projects for Petters Group.
"Kenan Askov and the team at Metropolitan Media have built a strong portfolio of community and business publications. Petters Group looks to support their continued growth and work closely with Askov's team on new ventures," said Tom Petters CEO & Chairman of Petters Group.
Community Media Group and many of the ...