Manufacturing Industry
DAILY MAIL & GENERAL TRUST PLC - Acquisition of remaining 51% stake in GLM.
PR Newswire UK Disclose, September, 2007
25 September 2007
Daily Mail and General Trust plc (`DMGT')
Acceleration of acquisition commitment: purchase of remaining 51% stake in
George Little Management, LLC
dmg world media, the exhibitions division of DMGT, announces the acquisition of
the remaining 51% stake in George Little Management, LLC ('GLM'), the United
States' largest privately-held tradeshow management company. Their portfolio
includes the New York International Gift Fair, in addition to a number of other
shows on the Eastern seaboard. GLM becomes wholly owned with effect from 1
October 2007.
The total cost for the acquisition of the 51% stake is US$155 million (A[pounds sterling]77 ...
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