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Tuesday, October 04, 2005

More Acquisition News 

Wasserstein has completed the purchase of Primedia Business. John French will serve as President and CEO of the soon-to-be renamed entity, and other senior managers will remain in place, as is typical of a Wasserstein acquisition.

Also of interest: Endurance Business Media, which owns Homes & Lands LLC, has acquired Pacific Publishing and Communications, publishers of a couple of home guides for Santa Cruz and Monterey Counties in Northern California, as well as some dining and visitor guides. This acquisition follows the purchase by Endurance Business Media of San Francisco-based Real Estate Times. Endurance Business Media is run by Blair Schmidt-Fellner and Gerry Hogan, the former Turner Broadcasting executives who bought PTN Publishing and transformed it into Cygnus Business Media.

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