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Providence Equity Partners to Buy GLM
August 22,
2011 by in UnCategorized
By Aggregated Content in Acquisition on August 23, 2011
from http://c.moreover.com/click/here.pl?z5105460152&z=1250249030
George Little Management and Providence Equity Partners today announced that GLM and affiliates of Providence have signed a definitive merger agreement under which affiliates of Providence will acquire GLM from Daily Mail and General Trust plc (LSE: DMGT.L) for approximately $173 million in cash.
GLM creates face-to-face and online buying, selling and networking platforms for designers, product developers, manufacturers, reps, retailers and operators through tradeshow and event production, online community development and association management. GLM currently produces 15 tradeshows, serving industries as diverse as giftware, home furnishings, social stationery, home
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