B2C digital. 15-year-old privately-owned, highly-acquisitive Penske is increasingly global. It owns Variety, Women’s Wear Daily, Deadline, Robb Report, Rolling Stone and, now, the SheKnows network of fem-food-fashion sites and BlogHer conferences. It has also just bagged a $200m investment from a Saudi fund. Jay Penske still owns 60%, but is he limbering up to IPO in 2019?
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Penske Media, of US, acquires SheKnows Media. Terms undisclosed
