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UBM agrees to acquire Advanstar for $972M

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UBM has agreed to buy Advanstar Communications for $972 million (£599 million) in cash. Advanstar’s CEO, Joe Loggia, will continue to manage the Advanstar business within UBM and will report directly to UBM CEO Tim Cobbold for a transitional period. UBM will launch a new financing package to pay for the deal comprising of a […]

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