Thursday, April 11, 2013

Diversified Expands Media, Event Groups

Diversified Expands Media, Event Groups With Two Acquisitions
Diversified Communication’s president and CEO Nancy Hasselback may have announced last week that she will retire in June, but she’s not exiting the company without adding to its growth: The company announced Thursday that it has acquired two new businesses in the print, e-media, marketing services and exhibition industries.
The assets added to the Diversified family include the Institute of Finance and Management, a resource of information and tools in the corporate financial management, accounts payable, credit, receivables & collections and corporate recruiting and security industries; and the UK-based Intelligent Exhibitions Limited, which includes events focused on ocean technology and light detection and ranging (LiDAR).
Terms of the deal were not disclosed.