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The Jordan, Edmiston Group,
Inc. (JEGI), the leading independent investment bank for
the media and information industries, is pleased to announce
that it has advised on four completed M&A transactions
in the past week, including three in one day (November 30,
2009):
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The sale of Reed Business
Information-US’s (www.reedbusiness.com/us)
Television Group, including Broadcasting & Cable, Multichannel
News, and Twice, to NewBay Media (www.nbmedia.com),
an affiliate of the Wicks Group of Companies (www.wicksgroup.com).
NewBay Media is a leading provider of brands across five
vertical markets:
Pro Audio; Broadcast and Video; Musical Instruments; AV/Consumer
Electronics; and K-12 Education.
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The sale of Times Publishing
Company’s Governing (www.governing.com),
the premier provider of intelligence and analysis on state
and local government, to e.Republic (www.erepublic.com),
a leading media company focused on the state and local
government and education markets.
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The sale of WebMediaBrands’
(www.webmediabrands.com)
Internet.com division, a leading source of news, features
and hands-on advice for developers and IT professionals,
to QuinStreet (www.quinstreet.com),
a full-service online marketing services and technology
company.
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The sale of Legal Research
Systems (www.legalresearchsystems.com),
the best single source of authoritative property/casualty
insurance case law available via its Miller’s product
suite, to West Law (www.westlaw.com),
a unit of Thomson Reuters. West Law is an online research
service for legal professionals.
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About JEGI
The Jordan, Edmiston Group, Inc. (JEGI) of New York, NY is the leading
provider of independent investment banking services for media, information,
marketing services and related technologies. Since being founded
in 1987, JEGI has completed nearly 500 high-profile M&A transactions
for global and emerging companies; entrepreneurial owners; and private
equity and venture capital funds. For more information, visit www.jegi.com.
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