PR Newswire buys UK news service

By: editorial staff

Electronic news release and Internet company PR Newswire has acquired UK-based world news distributor Two-Ten Communications from the Press Association for $27.2 milion.
PR Newswire president Ian Capps says the deal will allow his company to give its media and financial customers more integrated coverage of Europe, the Middle East and Africa.
PR Newswire, owned by the UK-based United News & Media conglomerate, delivers news for 33,000 companies to more than 22,000 media outlets and 675,000 investors. Two-Ten distributes news of more than 10,000 organizations to 135 countries.


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?(copyright: Editor & Publisher June 12, 1999) [Caption]

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