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List of mergers and acquisitions by Condé Nast

 
Wikipedia: List of mergers and acquisitions by Condé Nast
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Condé Nast Publications' headquarters are in New York City.

Condé Nast Publications is an American magazine publishing company based in New York City, New York.[1] The company was founded in 1909 by Condé Montrose Nast when he acquired Vogue magazine[2] after the death of its founder, Arthur Baldwin Turnure.[3] Businessman Samuel Irving Newhouse, Sr. purchased a controlling interest in the company in 1959 and merged it into his holding company, Advance Publications, owned by the Newhouse family.[4] The company is under the control of Samuel Irving Newhouse, Jr., who is the chief executive officer of Advance Publications and its subsidiaries.[5] Condé Nast has acquired thirteen companies and purchased stakes in three companies. Condé Nast has not released the financial details for most of these mergers and acquisitions.

Condé Nast's first acquisition was Signature Magazine from Citigroup, a financial services company, on December 30, 1987. Condé Nast acquired Knapp Communications on April 20, 1993 for US$175 million. This acquisition was described as a "a perfect fit" with Condé Nast's other magazines, "notably Gourmet, the publishing company's lavish food and travel magazine, and HG, the elegant home decoration publication", because of Knapp's magazines such as Architectural Digest and Bon Appétit.[6] Condé Nast bought Fairchild Publications from its previous owner, The Walt Disney Company, on December 1, 1999, which brought over magazines to Condé Nast that included Details, Women's Wear Daily, and W.[7]

Condé Nast purchased stakes in three companies: Wagadon in 1988, Wired Magazine in 1994, and Ideas Publishing Group in 2001. The company's largest acquisition was Fairchild Publications for $650 million in December 1999. Condé Nast made the most acquisitions in both 2002 and 2006 with two in each year: Modern Bride Group and Ideas Publishing Group in 2002, and Lycos Inc-Wired News and Nutrition Data in 2006.

Contents

Acquisitions

Date Company Business Country Value (USD) References
01987-12-30 December 30, 1987 Signature Magazine[note 1] Magazine  United States — [8]
01988-11-30 November 30, 1988 Woman[note 2] Magazine  United States $&0000000010000000.00000010,000,000 [9]
01990-06-25 June 25, 1990 Cook's[note 3] Magazines  United States — [10]
01992-04-22 April 22, 1992 K-III Magazines-Magazine Sub[note 4] Subscriber lists  United States — [11]
01993-04-20 April 20, 1993 Knapp Communications Magazines  United States $&0000000175000000.000000175,000,000 [12]
01998-06-12 June 12, 1998 Wired Magazine[note 5] Magazines  United States $&0000000090000000.00000090,000,000 [13]
01999-12-01 December 1, 1999 Fairchild Publications[note 6] Magazines and newspapers  United States $&0000000650000000.000000650,000,000 [14]
02001-09-05 September 5, 2001 Johansens[note 7] Accommodation guides  United States — [15]
02002-02-28 February 28, 2002 Modern Bride Group[note 8] Magazines  United States $&0000000052000000.00000052,000,000 [16]
02002-03-28 March 28, 2002 Ideas Publishing Group[note 9] Publishing  United States — [17]
02006-07-11 July 11, 2006 Lycos Inc-Wired News[note 10] Online news  United States $&0000000025000000.00000025,000,000 [18]
02006-07-20 July 20, 2006 Nutrition Data Internet service provider  United States — [19]
02008-04-23 April 23, 2008 SFO*Media Web sites  United States — [20]


02008-05-20 May 20, 2008 Ars Technica Web sites  United States — [21]

Stakes

Date Company Business Country Value (USD) References
01988-11-29 November 29, 1988 Wagadon[note 11] Magazines  United States — [22]
01994-01-19 January 19, 1994 Wired Magazine Magazines  United States — [23]
02001-01-17 January 17, 2001 Ideas Publishing Group[note 12] Publishing  United States — [24]

Notes

  1. ^ Citicorp-Signature Magazine was acquired from Citigroup.
  2. ^ Harris Publications-Woman was acquired from Harris Publications.
  3. ^ Pennington Publishing-Cook's was acquired from Bonnier AB.
  4. ^ K-III Magazines-Magazine Sub was acquired from Primedia.
  5. ^ Wired Magazine was acquired from Telefonica.
  6. ^ Fairchild Publications was acquired from The Walt Disney Company.
  7. ^ Johansens, the parent company of Daily Mail, was acquired from Rothermere Investments.
  8. ^ Modern Bride Group was acquired from Primedia.
  9. ^ Ideas Publishing Group was acquired from Advance Publications.
  10. ^ Lycos Inc-Wired News was acquired from Telefonica.
  11. ^ Conde Nast Publications acquired a 40% interest in Wagadon.
  12. ^ Conde Nast Publications acquired a majority interest in Ideas Publishing Group.

References

General
Specific
  1. ^ "Privacy Policy". Condé Nast. 2006-03-08. http://www.condenast.com/privacypolicy.html. Retrieved on 2008-10-29. 
  2. ^ Langley, William (2006-12-11). "At 500 pages the veteran style bible looks heftier than many of its 'size zero' models". The Daily Telegraph. http://www.telegraph.co.uk/opinion/main.jhtml;jsessionid=LDK3QOAEMMBFPQFIQMGSFF4AVCBQWIV0?xml=/opinion/2006/11/12/do1206.xml&sSheet=/opinion/2006/11/12/ixopinion.html. Retrieved on 2008-10-29. 
  3. ^ "Virginia Turnure Becomes a Bride". The New York Times. 1985-11-03. http://query.nytimes.com/gst/fullpage.html?res=9E02E6DC1438F930A35752C1A963948260&sec=&spon=. Retrieved on 2008-10-29. 
  4. ^ "Samuel I. Newhouse, Publisher, Dies at 84". The New York Times. 1979-08-30. http://select.nytimes.com/gst/abstract.html?res=F50711F6345D12728DDDA90B94D0405B898BF1D3. Retrieved on 2008-10-29. 
  5. ^ Getlin, Josh (1995-02-19). "Harry Evans, Random House and the Glitzed-Up, Hype-Driven, Occasionally Literary Realities of Today's American Book Business". Los Angeles Times. 
  6. ^ Carmody, Deirdre (1993-03-03). "Food and Design Magazines Are Bought by Conde Nast". The New York Times. http://query.nytimes.com/gst/fullpage.html?res=9F0CE2DC1F3EF930A35750C0A965958260. Retrieved on 2008-10-29. 
  7. ^ Bosman, Julie (2005-09-27). "A Consolidation at Condé Nast Gives Magazines One Overseer". The New York Times. http://www.nytimes.com/2005/09/27/business/media/27mag.html. Retrieved on 2008-10-29. 
  8. ^ "Conde Nast Publications Inc acquires Citicorp-Signature Magazine from Citigroup Inc (1987/12/30)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_Citicorp_Signature_Magazine_from_Citigroup_Inc-105737020. Retrieved on 2008-10-28. 
  9. ^ "Conde Nast Publications Inc acquires Harris Publications-Woman from Harris Publications Inc (1988/11/30)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_Harris_Publications_Woman_from_Harris_Publications_Inc-108275020. Retrieved on 2008-10-28. 
  10. ^ "Conde Nast Publications Inc acquires Pennington Publishing-Cook's from Bonnier AB (1990/06/25)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_Pennington_Publishing_Cook_s_from_Bonnier_AB-168299020. Retrieved on 2008-10-28. 
  11. ^ "Conde Nast Publications Inc acquires K-III Magazines-Magazine Sub from Primedia Inc (1992/04/22)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_K_III_Magazines_Magazine_Sub_from_Primedia_Inc-252540020. Retrieved on 2008-10-28. 
  12. ^ "Conde Nast Publications Inc acquires Knapp Communications Corp (1993/04/20)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_Knapp_Communications_Corp-308941020. Retrieved on 2008-10-28. 
  13. ^ "Conde Nast Publications Inc acquires Wired Magazine(Wired Ventures) from Telefonica SA (1998/06/12)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_Wired_Magazine_Wired_Ventures_from_Telefonica_SA-757996020. Retrieved on 2008-10-28. 
  14. ^ "Conde Nast Publications Inc acquires Fairchild Publications Inc from Walt Disney Co (1999/12/01)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_Fairchild_Publications_Inc_from_Walt_Disney_Co-914700020. Retrieved on 2008-10-28. 
  15. ^ "Conde Nast Publications Inc acquires Johansens Ltd(Daily Mail) from Rothermere Investments Ltd (2001/09/05)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_Johansens_Ltd_Daily_Mail_from_Rothermere_Investments_Ltd-1219422040. Retrieved on 2008-10-28. 
  16. ^ "Conde Nast Publications Inc acquires Modern Bride Group(Primedia) from Primedia Inc (2002/02/28)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_Modern_Bride_Group_Primedia_from_Primedia_Inc-1261812020. Retrieved on 2008-10-28. 
  17. ^ "Conde Nast Publications Inc acquires remaining interest in Ideas Publishing Group from Advance Publications Inc (2002/03/28)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_remaining_interest_in_Ideas_Publishing_Group_from_Advance_Publications_Inc-1283962020. Retrieved on 2008-10-28. 
  18. ^ "Conde Nast Publications Inc acquires LYCOS Inc-Wired News from Telefonica SA (2006/07/11)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_LYCOS_Inc_Wired_News_from_Telefonica_SA-1776207020. Retrieved on 2008-10-28. 
  19. ^ "Conde Nast Publications Inc acquires NutritionData.com (2006/07/20)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_NutritionData_com-1778873020. Retrieved on 2008-10-28. 
  20. ^ "Conde Nast Publications Inc acquires SFO*Media LLC (2008/05/20)". Reuters. http://www.reuters.com/article/pressRelease/idUS248273+24-Apr-2008+PRN20080424. Retrieved on 2008-11-14. 
  21. ^ "Conde Nast Publications Inc acquires Ars Technica LLC (2008/05/20)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_Ars_Technica_LLC-1979222020. Retrieved on 2008-10-28. 
  22. ^ "Conde Nast Publications Inc acquires a minority stake in Wagadon Ltd (1988/11/29)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_a_minority_stake_in_Wagadon_Ltd-108845040. Retrieved on 2008-10-28. 
  23. ^ "Conde Nast Publications Inc acquires a minority stake in Wired Magazine(Wired Ventures) from Telefonica SA (1994/01/19)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_a_minority_stake_in_Wired_Magazine_Wired_Ventures_from_Telefonica_SA-385708020. Retrieved on 2008-10-28. 
  24. ^ "Conde Nast Publications Inc acquires Ideas Publishing Group (2001/01/17)". Thomson Financial. http://www.alacrastore.com/storecontent/Thomson_M&A/Conde_Nast_Publications_Inc_acquires_Ideas_Publishing_Group-1083158020. Retrieved on 2008-10-28. 

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Condé Nast Publications
Parent company: Advance Publications
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