American Lawyer put up for sale

Apax Partners, the private equity firm which owns ALM Media and its jewel-in-the-crown American Lawyer, has appointed an investment bank with a view to sell.
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Apax appoints investment bank Jefferies. SergeyP

The bank Jefferies has already been through a first round and another private equity business is the likely buyer, according to a Reuters source. The sale could fetch upwards of US$500m. Source: Reuters

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