Robert Krakoff, the former chief executive officer of Advanstar, is looking to buy B2B media properties. And he has plenty of cash. Krakoff has formed a partnership with multibillion-dollar investment fund Blackstone Group to look for acquisition opportunities. (Click here for details on my least favorite Web site.)
There's been speculation in the B2B world that Mediapost is ripe for a takeover.
Other possible targets include almost anything owned by debt-burdened Primedia Business.
For a look at how Advanstar was run when it had debt problems, look to this insider view.