US meetings events companies merge
Events. In a creative three-way deal, Connecticut-based WorldTek Events will merge with Fourth Wall Events, of New York,…
Fortive to buy construction-tech Gordian for $775m
B2B information. The technology-focused $6bn-revenue holding company Fortive Corporation (capitalised at $27bn on the NYSE) has entered into a…
Penguin Random House acquires Hind Pocket Books
Books. Established in 1958, the highly regarded Hind Pocket Books are considered pioneers in publishing Hindi and Urdu paperbacks…
US approves Disney’s $71bn Fox deal but…
Broadcast-streaming. In a blow to Comcast, the US Department of Justice has waived through the Disney deal, on condition…
Buffett’s newspapers strike a novel deal
News. BH Media (controlled by Warren Buffett’s Berkshire Hathaway) comprises 30 daily newspapers, 47 weeklies and 32 other print…
Lantern drops price for Weinstein Co
Movies. The Dallas-based private equity firm Lantern Capital is dragging out its negotiation around the stricken Weinstein & Co amid…
B2B boss gets ‘his’ SouthComm back
B2B. Less than a year after SouthComm founder Chris Ferrell left the company to form Endeavor Business Media, in…
Blackstone to offload UK shopping channels
Broadcast-streaming. Hit by stubbornly poor trading and last month’s departure of the CEO after 10 years, Blackstone is rumoured…
Gray joins big league of US TV
Broadcast-streaming. Atlanta-based Gray is acquiring the privately-owned Raycom, the Alabama-based operator of 65 TV stations, for $3.65bn. The combined company…
Xilam Animation raises €22m
Broadcast-streaming. Marc du Pontavice’s 19-year-old Paris-based company that produces animated series and feature films (eg Space Goofs and Oggy…