The pace of acquisitions among publishing, information and training companies slowed in the third quarter, according to a report released by mergers and acquisitions firm Whitestone Communications, which tracks acquisitions for its annual reference, “Who’s Buying Whom.” “After a second quarter that saw deals increase by 71% over the same prior year period we had a quarter where the number of deals actually dropped slightly from last year — from 84 in the third quarter 2003 to 77 this past quarter.” Whitestone President Baran Rosen said in a statement. The number of trade magazine and trade show deals fell to seven in the third quarter, from 11 in the year-earlier period. The dollar value of the deals fell 96% to $13 million, from $163 million in last year’s third quarter.
This is an excerpt from B2B Online, October 11, 2004.
