Time Inc rejects $1.8bn bid from media executives

According to the FT, Time Inc, the publishing company that owns Sports Illustrated, People and Time magazines, has rejected an unsolicited bid worth close to $1.8bn from a consortium backed by Len Blavatnik, the billionaire owner of Warner Music Group, according to people briefed on the offer.

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Haymarket acquires British Home Awards

Press Release: Haymarket Media Group and Tee to Green Marketing are pleased to announce Haymarket’s acquisition of the British Homes Awards (BHA). Each year, the British Homes Awards (currently in partnership with the Sunday Times) champions the best in contemporary design. This year’s Awards took place in October 2016.

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Vivendi chief stokes hopes of Havas merger

Arnaud de Puyfontaine, chief of the French media company, told delegates at the Morgan Stanley Technology, Media and Telecom Conference that he had been working closely with Yannick Bolloré, head of Havas and son of Vivendi’s chairman and main shareholder Vincent Bolloré, and that he believed a tie-up made sense. “It is a fine line between the two operations,” he said

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Northstar Travel Group acquires Ryan Solutions

Northstar Travel Group has made its first purchase since being acquired by private equity firm Wasserstein Partners in June. The company’s software-as-a-service (SaaS) subsidiary, Inntopia, has acquired Ryan Solutions, a provider of customer relationship management (CRM) and database marketing to the hospitality industry

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Prospects acquires Optimus Education from Electric Word

Prospects Press Release: Prospects, the market-leading education, employment and skills company, has acquired Optimus Education. Optimus Education was founded in 1997 to help primary and secondary school leadership teams manage staff development efficiently and effectively, stay compliant and drive whole school improvement through a variety of conferences, events and training resources

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Hearst Acquires Aviation Service CAMP

Hearst has acquired CAMP Systems International Inc. in its latest move toward diversification in the information and data sectors. CAMP was acquired from GTCR, a private equity firm, for around $2 billion, according to sources familiar with the situation. The exact sum was not disclosed

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