Britain's largest publisher, IPC Magazines, has been pipped at the post in its bid to acquire Gruner & Jahr’s UK stable of titles – among them Prima, Best, Your Home, Focus and Prima Baby.

Seen by many in the industry as a done deal [WAMN, 12-Jul-00], the eleventh hour swoop by US-owned National Magazine Company came as a major surprise. The purchase price was not disclosed.

News source: The Times (London)