Sunday, March 26, 2017

Folio: July, 2009

Magazine M&A: Waiting to Rise from the Dead
By Jason Fell

“We’ve started to see that more buyers have come back to the market,” says Mac Leod, noting the lack of significant deals through the first six months. “Although it is always tough on those sellers facing this kind of distressed situation, this market has shown that there are far more buyers for good but stressed regional publishing companies than we’ve historically seen. I don’t, however, anticipate that the market will be ‘normal’ until the businesses themselves start to see sustainable revenue growth.” Read more...