TPG Buys Primedia in $525M Deal

TPG Capital will buy Primedia Inc., a company that helps people find apartments and homes via print and web publications such as Rentals.com. TPG will pay $7.10 per share in cash for the company, representing a transaction value of $525 million. The transaction is expected to close in the third quarter of 2011.

DealsNorth AmericaUSBriefs