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Advanstar Acquires Pharmaceutical Conference Business, CBI Research Inc.

Publication: Business Wire
Publication Date: 04-FEB-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
WOODLAND HILLS, Calif. -- Advanstar Communications, Inc. - a leading worldwide media company - today acquired CBI Research, Inc. (CBI), a provider of live and electronic conferences for senior-level executives in the pharmaceutical and biotech industries. This acquisition is the second property bought by Advanstar since the Company's sale to a consortium of investors led by Veronis Suhler Stevenson in May 2007.

Advanstar CEO, Joe Loggia, sees tremendous organic growth opportunities for both CBI and Advanstar's existing life sciences portfolio. "CBI is an...

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