ART & COMMERCE

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Semiweekly Frequency The magazine business is showing its spirit: Ad revenue and page counts are up; circulation revenue is growing; there are more startups than ever; and the stock prices of magazine-centered companies are rising. Merger and acquisition activity is also brisk. About 75 industry executives attended Fulcrum Communications’ mid-June crash course in the ABCs of M&A. They learned, thanks to a study by investment banking
boutique DeSilva & Phillips, that buyers have become more sophisticated.



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