PRNewswire for Sale?

October 10, 2007

The Financial Times reports:

United Business Media (UBM) could dispose of its press release distribution business PR Newswire if it is successful in its bid for Emap’s business-to-business publishing arm, several sources said.

Numbers are being tossed around in the $560m to $650m range. Too much, too little? Speak your mind in the comments or send us tips: prnewser at mediabistro.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: