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Article: '88: the year of the mega-sale. (listing of 1988 mergers and acquisitions) (directory)
- Article from:
- Folio: the Magazine for Magazine Management
- Article date:
- February 1, 1989
CopyrightCOPYRIGHT 1989 Copyright by Media Central Inc., A PRIMEDIA Company. All rights reserved. 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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'88: The year of the mega-sale 1988 was the year of the magazine mega-sale. The publishing industry witnessed a series of record setting transactions--the Diamandis purchase of CBS Magazines and the Hachette purchase of Diamondis; the $3 billion Murdoch purchase of Triangle, including TV Guide. In addition to Triangle, a number of other coveted, closely held publishing houses changed hands, including the $100-plus million purchases of business publishers Bill and Springhouse. ...
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