By FDI Creative Services on 11/14/2016
Category: Security News

Exclusive: IDG in advanced talks to sell itself to Chinese buyout group: sources

SAN FRANCISCO (Reuters) - International Data Group, a pioneer in technology publishing and owner of such venerable names as PCWorld and the market research firm IDC, is in talks to sell itself for more than $1 billion to a Chinese investor group headed by IDG of Greater China chairman Hugo Shong, according to people familiar with the matter.

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