Pearson in talks to sell their stake in The Economist

The Economist magazine is up for sale after Pearson confirmed it was looking for buyers for the 172-year international business publication. Pearson, which owns a 50pc stake in The Economist Group, said it was in talks with the group’s board about seeking potential buyers on Saturday. For the full story read The Telegraph

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Meredith buys Shape from America Media Inc for $60 Million

The sale price, revealed during Meredith’s earnings call today, is $60 million up front, with a profit sharing arrangement that will be paid out in Meredith’s fiscal 2018, estimated to be 3.5 times first-year cash flow. Also included in the deal are Shape’s digital assets, as well as the digital assets for Natural Health and […]

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Arrow buys Hearst’s technical media assets

It was announced yesterday that Arrow Electronics has purchased Hearst publishing’s United Technical Publications, which includes 16 engineering web sites, e-newsletters, inventory access tools and databases. The deal gives Arrow a powerful electronics B2B content marketing platform to reach a claimed 1 million engineering professionals worldwide. Trade magazine Electronic Products is part of the deal.

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