Guardian sells Money Observer to rival


Guardian Media Group is selling personal finance monthly Money Observer to rival Moneywise Publishing, which owns Moneywise and the Interactive Investor website.
The decision comes just a month after GMG combined with private equity group Apax Partners to buy the trade magazines arm of Emap.
With monthly sales of 23,827, Money Observer trails behind Moneywise‘s 30,151
Moneywise has been owned by Capital Accumulation since October 2004.  GMG bought Money Observer as part of its takeover of the Observer newspaper in 1993.

Personal finance magazines

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: