Bobit Business Media Acquires Finance Mag
Bobit Business Media has acquired Michigan-based national monthly magazine World of Special Finance, the World of Special Finance Conference and Expo, and its related Web sites. Terms of the deal were not disclosed.
The World of Special Finance acquisition will strengthen Bobit Business Media’s position in the automotive dealer market and will create a synergy with its F & I Management Technology Magazine and the F & I Conference, president Ty Bobit said in a statement. BBM has a portfolio of nearly 30 titles.
World of Special Finance, LLC owners Rick and Cindy Sly will assist with the transition over the coming year, the statement says. World of Special Finance was founded more than a decade ago and has circulation of more than 24,000 new and used car dealers.
The effective date for the acquisition will be the January, 2008 issue.