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Update: Thumbplay Music Sold To Clear Channel; Fate Of Ringtone Ops Unknown

Mar 1, 2011 5:27 AM

Update: Clear Channel announced that it is the media company buying the cloud-based music subscription service Thumbplay Music—a deal that was first reported by mocoNews.net. Financial terms of the deal have not been disclosed, but our source says it is likely to be less than 10 percent of the company’s…

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Posted In: Apps, Entertainment, Music, Features, Exclusive, Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Countries, Europe, Norway, bain capital, softbank, thumbplay

Bain Close To Buying Reed Business; Parent May Keep a Stake; Apollo May Rebid

Dec 7, 2008 6:07 PM

The sale process of Reed Business is in its final stages, as one of the two bidders left in the fray, Texas Pacific Group/DLJ combo, has dropped out of the bid, according to reports. This leaves Bain Capital as the only bidder and with a shot to buy it following…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, bain capital, reed business information, reed elsevier

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