Briefing Media Group buys two B2B titles for USD15.7m

Mon Feb 6 2012, 14:19 PM

Briefing Media is spending GBP10m (USD15.7m) on acquiring two business media brands to create the Briefing Media Group (BMG), a B2B media company. GCP Capital Partners is partially funding the purchase, and will send two partners to BMG's board. The titles, London-based healthcare magazine Pulse and Preston-based agricultural magazine Farmers Guardian, are currently owned by UBM. Subject to regulatory approval, the purchase will be finalised in the next two months.  

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