The company I work for, ALM Media was sold, as announced last week. Our new parent company will be London-based Incisive Media, a rapidly growing international business-to-business publisher with a firm focus on the financial and capital markets, good reporting, and research and information.
News reports have picked up in the last few days (see sampling below), but amid the noise and haste, the opportunity to expand internationally and on the Internet is a great deal for both sides. Incisive Media has operations in London, New York, and Hong Kong while ALM has publications in DC, Miami, NY, San Francisco, Dallas, Philadelphia, Fulton County, GA and more. In the deal, Incisive was represented by Simpson Thacher & Bartlett and ALM by Skadden, Arps, Slate, Meagher & Flom.
ALM Media: http://www.alm.com/pressRelease.asp?record=285
Incisive Media: http://www.incisivemedia.com/public/showPage.html?page=456433