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.
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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.Thomas Kemp
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