(ShareCast News) - Confidential concessions offered by Gorkana owner GTCR Canyon Holdings could pave the way for the clearance of its acquisition of PR NewsWire from UBM, according to a short update from the Competition and Markets Authority on Tuesday. The regulator announced the launch of its merg
Read more(ShareCast News) - Trade publication and events company UBM confirmed on Friday that it has completed the sale of its PR Newswire division to Cision - a business controlled by GTCR Canyon Holdings. The FTSE 250 firm said the total net cash proceeds of the transaction are £490m, after adjustments for
Read more(ShareCast News) - Specialist trade publisher and events company UBM reached milestone in its sale of PR Newswire on Monday, with confirmation that the US Department of Justice has filed its proposed settlement under the Hart-Scott-Rodino Antitrust Improvements Act. The FTSE 250 firm initially annou
Read more(Adds details on divestiture, descriptions of companies, Cision declined to comment) WASHINGTON, June 10 (Reuters) - Cision, a public relations software provider controlled by private equity firm GTCR LLC, has won U.S. antitrust approval to buy press release distributor PR Newswire from UBM
Read moreWASHINGTON, June 10 (Reuters) - Cision, which is controlled by GTCR, won U.S. antitrust approval to buy PR Newswire from UBM plc on condition that it sell a media contact database, the Justice Department said on Friday. UBM had said in December that it would sell PR Newswire to Cision for $
Read more(ShareCast News) - UBM has acquired Content Marketing Institute (CMI) for $17.6m with an additional earn-out subject to meeting profit targets over the next two years. CMI produces Content Marketing World, which is an annual event in the content marketing sector that runs every September in the Clev
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