Thomas Kemp Quotes (2 Quotes)

The U. S. economy is more integrated into the world and wealthier individuals have the ability to learn languages and travel internationally. They can take advantage of their resources.

What Reed announced is they have a defined group of vertical shows. It's not an independent company with an existing infrastructure and management and accounting, and enough scale necessarily to be a platform. A financial buyer would have to build the infrastructure around it. It's much easier in a 'carve-out' situation like this for a strategic buyer that already has that infrastructure and overhead and back office to be able to absorb new products.