Sale of Questex to senior lenders completed

http://www.btobonline.com/apps/pbcs.dll/article?AID=/20091218/FREE/912189993/1078/newsletter011
Questex Media Group LLC announced Thursday that it has completed its acquisition of the assets of QMG Holdings Inc. and Questex Media Group Inc., both of which had filed for Chapter 11 protection.

The new company, which comprises senior lenders of the predecessor companies, has separate financing and is not subject to the Chapter 11 cases filed by QMG Holdings or Questex Media Group Inc. The newly formed company now owns Questex's magazines, online media and events as well as InfoTrends, FierceMarkets, FiveStarAlliance, ImagingNetworks, Oxford Publishing and McLean Events International.