News Analysis: Impremedia acquires Rumbo - Portada Magazine

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Posted on: January 3rd, 2008
Filed Under: [ Hispanic News ] [ Media ] [ Blogante Business ]
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“What was the price of the transaction?
John Paton, CEO of Impremedia, told Portada that the acquisition is a “private deal between two private companies”. Therefore no information was disclosed. However, it is very likely that the price has been very low. Rumbo had been operating in the red for a long time and despite the value of its brand, pure cash flow figures suggest that the acquisition price must have been low.
Will Rumbo’s executives and editorial team continue to work in their positions?
“We like the product very much and the team we have found there” Impremedia’s Paton noted. “We are always looking for the best people”, he added.”*

*From: http://www.portada-online.com
Traducido: usando Google o Altavista/Babel Fish

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