HispanicTips has 40,202 stories & 100,000+ visitors a month..
Posted on: January 3rd, 2008
Filed Under: [ Hispanic News ] [ Media ] [ Blogante Business ]
Tags: impremedia
Newsletter readers - Don't forget HispanicTIPS - Gracias, Tomás
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
Stumble it! |
|
Other posts that may interest you
News Analysis: Impremedia and McClatchy Partner for National Print and Digital Media Sales
Impremedia Constructing Online Network
Impremedia Gears up for the Olympics
Rumbo’s College Guide Set to Publish this Week
Latin Trade Magazine Acquired by Manhattan Media
Hispanic Trends magazine to become Hispanic Enterprise
Todobebé launches Todobebé La Revista
Portada's Nov/December Issue, Fresh Out With the Latest Hispanic Media Market Analysis


