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.
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Related articles:
Blackstone
- Blackstone-led consortium agrees partnership with Thomson Reuters for financial & risk business Posted on January 30, 2018
- Blackstone in advanced discussions to buy stake in key Thomson Reuters unit Posted on January 30, 2018
- Blackstone Acquires Clarion Events Posted on July 25, 2017
- Blackstone Group invests in the most widely read newspaper in the world Posted on April 8, 2010
- Clarion Events completes merger with Global Sources Posted on February 1, 2018
PennWell
- PennWell acquires the Oil & Gas Pipeline Conference from Willbros Engineers March 18, 2013
- PennWell Acquires LED Lighting Event – The LED Show Posted on October 26, 2011
- PennWell Corporation acquires the assets of eMarket Software Posted on October 1, 2011
- PennWell acquires Fire Apparatus Magazine Posted onAugust 21, 2010
Future plc


global, growth-oriented firms focused on partnerships with market-leading technology companies. The transaction is expected to close in the coming weeks and is subject to



Following its
Film and video production firm
Under the terms of the merger, Park Group founder Dave Trownsell and partner Stacy Murphy will hold a minority share of TiltCP, which is majority owned by former S2 president Ron Carey. Carey will serve as CEO of the combined entity, which employs just under 40 people.
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