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AdMedia Partners Advises Grupo Editorial Expansion in Acquisition by Time Inc.

Publication: PR Newswire
Publication Date: 16-AUG-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Time Inc.'s acquisition of Mexico's second largest magazine publisher marks move into the rapidly growing and valuable Hispanic market.

NEW YORK, Aug. 16 /PRNewswire/ -- AdMedia Partners represented Grupo Editorial Expansion in its acquisition by Time Inc., which was announced today. AdMedia Partners is a New York investment banking firm specializing in the media, marketing, interactive and information services industries.

The official release is as follows:

Time Inc. has acquired Grupo Editorial Expansion, it was announced today. Financial terms of the transaction were not disclosed.

Based in Mexico City, Grupo Editorial Expansion (GEE), the premier publisher of high-end consumer and business magazines in Mexico, was founded in 1966. Its portfolio of 15 titles include Expansion,...

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