Blackstone reportedly near a deal to buy PennWell for around $300M

According to an article on the Forbes website, Blackstone Group is close to finalising a deal to acquire PennWell Corp for around $300 million. The company has estimated revenue of around $170 million. Forbes sources say the deal is being made specifically through Clarion Events, the London-based trade-show operator that Blackstone acquired last summer.

Read the Forbes article here.

USA, New York. NY & Tulsa, OK

Related articles:

Blackstone

PennWell