Wednesday, May 12, 2010

RBI holds on to shuttered brands

Reed Business Information (RBI) announced that it will hold on to the brands of the unsold titles it closed last month. After stating that the company would shut down some 23 titles, other B2B publishers and former RBI staff lined up for the chance to acquire the assets of some of these closing titles.

RBI is retaining Chain Leader, Converting, Graphic Arts Blue Book, Graphics Arts Monthly, Purchasing, Restaurants & Institutions and Trade Show Week.

Since RBI made the announcement last month, the following deals have been inked:

MB Media, set-up by former RBI publishers, acquired Construction Equipment and Professional Builder, Building Design+Construction, Construction Bulletin, Custom Builder, Housing Giants, Professional Remodeler, SpecCheck,,,, and

Former RBI publisher, Dan Hogan, reportedly acquired Hotels and Foodservice Equipment and Supplies.

Peerless Media with the backing of EH Publishing, acquired Logistics Management, Material Handling Product News, Modern Materials Handling and Supply Chain Management Review.

It looks like RBI is waking up to some of the value it walked away from perhaps a little too quickly.

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