Funny thing news. No sooner do you mention one piece of news from the world of shipping media than another pops up. There is a small Asian component in United Business Media's acquisition of the old Journal of Commerce group for $152 million.
The company, now known as Commonwealth Business Media, will apparently form a new division of UBM and not - for now anyway - be integrated into CMP. In Hong Kong, the company operates an outpost of its PIERS "Global Intelligence Solution". Some 88% of the group's revenues are, however, currently generated in the US. That looks like an opportunity waiting to be tapped.
Thursday, July 06, 2006
More shipping
Posted by Paul Woodward at 11:00 pm
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