From reeling to dealing

摘要

Over the past three years, there were many warning signs about the downside of acquiring b-to-b media companies. These warning signs had names-like Advanstar Communications, Cygnus Business Media, Penton Media, Questex Media and Summit Business Media， ‘ These companies, all of which had been acquired by private equity firms, underwent financial restructuring of their debt in the wake of the recession that started in 2008. Those reorganizations were more than enough to give a potential buyer of b-to-b media some serious pause.