Ascend Media Sells Off Two Division
Ascend Media has sold its Allied Healthcare Group to Anthem Media Group and its Practice Builders unit to undisclosed buyer. No financial terms were disclosed for either sale. Ascend Media is currently controlled by its lenders, led by Wells Fargo. It previously was owned by CCMP Capital and Veronis Suhler Stevenson, until defaulting on its debt covenants earlier this year.
19 August 2009•2 mins read
