Former F+W Co-Owner Named To ABRY Board
Bill Reilly, chairman of Aurelian Communications, has recently been appointed as a member of the board of ABRY Partners. Reilly founded Primedia in 1989 and Aurelian in 2001, which acquired F+W publishing in February of 2002. The appointment comes following a settlement on a lawsuit ABRY had filed against Providence Equity Partners, which sold F+W to ABRY last year (see: ABRY Settles Suit Over F+W Sale). ABRY had alleged in the suit that Providence Equity used inflated EBITDA and revenue figures to calculate a sales price for F+W. Reilly was part owner of F&W before it was sold to ABRY.
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