UBM, Informa in early stage merger talks - source

Sat Jun 7, 2008 5:13pm EDT
 
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LONDON, June 7 (Reuters) - Britain's United Business Media (UBM.L) and Informa (INF.L) are in early-stage merger talks to create a 3-billion-pound-plus ($5.9 billion) media company, an industry source said on Saturday.

The source was confirming a story in the Sunday Telegraph newspaper and declined to give any further information about the talks that could unite the owners of publications including Property Week and Lloyd's List.

UBM and Informa declined to comment. (Reporting by Mark Potter)

 
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