CREATES A MAJOR INTERNATIONAL BUSINESS-TO-BUSINESS MEDIA COMPANY FOCUSED ON PROFESSIONAL ANDFINANCIAL SERVICES INDUSTRIES
London and New York, July 5, 2007 � Incisive Media, a leading business information provider, and ALM, a leading integrated media company, today announced that they have signed a definitive agreement under which Incisive Media will acquire ALM from U.S. Equity Partners, L.P. for a total value of approximately $630 million (approximately �315 million) in cash. The acquisition is expected to close in the third quarter of this year, upon satisfaction of regulatory approvals and other customary closing conditions.
