The Business Journals features local business news from more than 40 cities across the nation and provides tools to help businesses grow, network, and hire.
American City Business Journals consolidated production for its 40 print business newspapers into four remote regional design desks. The restructuring eliminated eight design jobs and was expected to save about $1 million.
Advance Publications agreed in 1995 to acquire American City Business Journals for about $258.8 million, placing the chain’s weekly business newspapers alongside Condé Nast titles. The retrospective marks 25 years since the agreement.
American City Business Journals acquires a majority stake in BizEquity, a business-valuation technology company. BizEquity chief executive Whitney Shaw says the deal will broaden American City Business Journals’ business-information services.
American City Business Journals acquires a 50 percent stake in Executive Sport Ltd., the company behind the Leaders sports-business conference brand. Chief executive Whitney Shaw cites the brand’s international reputation and steady growth in connection with the acquisition.
