MidOcean, Wasserstein Infuse Penton

Davis, Avram
February 2010
Mergers & Acquisitions Report;2/15/2010, Vol. 23 Issue 7, p7
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.


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