Penton Buys Aviation Week

http://www.foliomag.com/2013/penton-buys-aviation-week-mcgraw-hill#.UfGB51OYyKw

McGraw Hill Financial has sold Aviation Week to Penton in an all-cash deal. The transaction is part of McGraw Hill Financial's ongoing effort to divest "non-core" assets and position itself as a financial intelligence company.
The acquisition, the third for Penton since 2010, was conducted privately and not through an auction process.
For its part, Penton plans to house Aviation Week in its existing Aviation Group, consisting of six core brands including Air Transport World, Speed News and Airportdata.com.