TITLE

MidOcean, Wasserstein Infuse Penton

AUTHOR(S)
Davis, Avram
PUB. DATE
February 2010
SOURCE
Mergers & Acquisitions Report;2/15/2010, Vol. 23 Issue 7, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that New York City-based Penton Media Inc. has been given a cash infusion by private equity firms MidOcean Partners and Wasserstein & Co. following its Chapter 11 filing in the U. S. Bankruptcy Court in Manhattan on February 10, 2010. Penton Media co-chairmen Anup Bagaria, Wasserstein vice chairman and managing director, and Tyler Zachem, MidOcean Partners managing director, managed the transaction. Penton is expected to come out of bankruptcy within 30 to 40 days.
ACCESSION #
48123825

 

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