Abstracts » Business, general

VNU moving fast in online ad market

Article Abstract:

Publishing giant VNU has acquired 54% of NetRatings for $256 million in a succession of acquisitions designed to give the Dutch publishing giant exposure in the U.S. and on the Web. VNU has traded in Dutch TV stations and newspapers for World Directories, BPI Communications and Nielsen Media Research. The company plans more investments in business-to-business trade and publishing shows.

PRINTING AND PUBLISHING, All Other Information Services, New Media, Printing & Publishing, Business services, not elsewhere classified, Info Services ex Database, Statistical Data Included, Periodical publishing, Periodicals, Information services, Information services industry, Information industry, VNU N.V., NetRatings Inc.

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Ms. magazine sold to group including founder Steinem

Article Abstract:

Gloria Steinem and Marcia Ann Gillespie formed a company called Liberty Media for Women that bought Ms. magazine from MacDonald Communications Corp. for an estimated $3-$4 million. The Sept/Oct. issue was the last under the old ownership; it will be relaunched with an April/May 1999 issue. Ms. was founded in 1972 and still carries no advertising. It derives its revenue from newsstand and subscription sales which have been $5.95 per issue or $45 annually.

Women's Periodicals, Investments, Women's magazines, Steinem, Gloria, MacDonald Communications Corp., Liberty Media for Women

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Royal Ahold to buy Pathmark Stores, continuing its buying spree in the U.S

Article Abstract:

Pathmark Stores Inc. provides a supermarket presence on the East Coast for Dutch retailer Royal Ahold NV that will pay $250 million in stock and assume $1.5 billion of debt. It was the debt that kept Pathmark from keeping its stores up to date; Royal Ahold is in a position to manage that debt and upgrade stores.

Comment:

Dutch retailer to acquire U.S. supermarkets for $250 million in stock

Foreign operations, Supermarkets and Other Grocery (except Convenience) Stores, Grocery stores, Supermarkets, Royal Ahold N.V., Northeastern United States, Pathmark Stores Inc.

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