Advanstar Communications confirmed it is "exploring strategic alternatives, in-cluding a possible sale of the company." Advanstar has retained the investment banking group at Credit Suisse First Boston to assist in this effort. A CSFB private equity fund is the principal owner of Advanstar, which operates 57 expositions and conferences, publishes 55 magazines and directories, and has 75 electronic publications and Web sites. "The combination of our improved financial performance, strong growth prospects and an active M&A market, have resulted in increased interest in Advanstar within the investment community," Joe Loggia, Advanstar president-CEO, said in a statement.
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