Private Frazer’s Doomed Magazines

September 19, 2008

I can’t show you the money

Filed under: B2B magazines,Recession — privatefraser @ 8:35 am
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From this morning’s Grauniad

Bid for Informa falls foul of market turmoil
The consortium had been struggling to get the cash together even before this week’s dramatic events.
This week’s unprecedented financial turmoil has claimed its first major non-financial victim with news that the consortium of private equity companies stalking media group Informa have walked away as the funding for the £1.9bn offer disappeared.

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