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Wednesday, July 12, 2006

Associated compete for business media assets

Associated Newspapers have made a small but highly significant series of acquisitions. A 2.8 multiple of revenue implies strong future profitability, but all three of these businesses should have been in the eyesights of business media players.

If newspaper groups are accumulating vertical job boards (inretail and a jobsboard for tv production folk in this case) then the premium that will need to paid by aspiring business media companies with strategies to buy themselves into the future will get larger.


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