M&A Transactions Up by $10 Billion for First Half of 2006
Over 315 deals were made from media and information industry acquisitions in the first half of 2006, accounting for $37 billion in value according to reports released by the Jordan, Edmiston Group. This is a 33.5 percent increase in transaction value (up from about $28 billion in 2005) and a 12.5 percent increase in the number of deals over the same period in 2005.
The largest deals thus far has been the $11 billion acquisition of VNU by a number of private equity firms and the $6 billion acquisition of Knight-Ridder to McClatchy. JEGI reported 18 transactions under its belt during the first six months of the year, which doubles the number of transactions, completed by the investment company from January to June 2005.
The number of online media sector deals nearly doubled while the marketing and interactive services sector transaction value jumped 116 percent over last year. B-to-b magazines transaction value is up 22 percent while the number of consumer magazine transactions are up 26 percent over last year. Database information services deal value was reported up nearly 300 percent while number of deals are up 16 percent. The number of exhibitions and conferences rounded out the first half of 2006 up 29 percent while newspaper publishing deal values were up 172 percent.
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