About: Argus Press

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Argus Press was a British publishing company. It was acquired by British Electric Traction (BET) in 1966, and became the publishing arm of that company. It was the subject of one of the most hotly contested management buyouts of the 1980s when a management team led by Kimble Earl, George Fowkes, and Scott Smith secured financing of £207m from forty national and international banks to acquire the UK and US businesses from BET. The acquisition was of particular note as the publisher Robert Maxwell was among the rival bidders, and widely considered as capable of out-witting the management team. Only an eleventh-hour intervention by Earl – exposing members of Maxwell's secret consortium as rival newspaper publishers which meant Maxwell would fall foul of the Monopolies Commission – brought suc

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  • Argus Press was a British publishing company. It was acquired by British Electric Traction (BET) in 1966, and became the publishing arm of that company. It was the subject of one of the most hotly contested management buyouts of the 1980s when a management team led by Kimble Earl, George Fowkes, and Scott Smith secured financing of £207m from forty national and international banks to acquire the UK and US businesses from BET. The acquisition was of particular note as the publisher Robert Maxwell was among the rival bidders, and widely considered as capable of out-witting the management team. Only an eleventh-hour intervention by Earl – exposing members of Maxwell's secret consortium as rival newspaper publishers which meant Maxwell would fall foul of the Monopolies Commission – brought success for the management team. The new company traded under the name of Team Argus. Its portfolio of businesses included the largest group of paid-for and free weekly newspapers in the UK, an extensive range of business titles in the UK and the USA, and a group of specialist hobby-interest magazines in the UK. Team Argus businesses were sold off to various buyers during the early 1990s. (en)
  • Argus Press è stata una casa editrice britannica. Fu acquisita dalla (BET) nel 1966 e divenne il ramo editoriale di quella società. Fu oggetto di uno dei management buyout più contestati degli anni '80, quando un team di gestione guidato da Kimble Earl, George Fowkes e Scott Smith si assicurò un finanziamento di 207 milioni di sterline da quaranta banche nazionali e internazionali per acquisire le attività del Regno Unito e degli Stati Uniti da BET. L'acquisizione fu di particolare rilievo in quanto l'editore Robert Maxwell era tra gli offerenti rivali e ampiamente considerato in grado di superare il team di gestione. Solo un intervento all'ultima ora di Earl portò al successo il team di MBO. La nuova società commerciava nello stile del Team Argus e trattava il più grande gruppo di giornali settimanali gratuiti e a pagamento nel Regno Unito; una vasta gamma di titoli di affari inglesi e statunitensi e un gruppo di riviste specializzate di interesse hobbistico nel Regno Unito. Le attività del Team Argus furono vendute a vari acquirenti all'inizio degli anni '90. (it)
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  • Documents and clippings about (en)
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  • Argus Press was a British publishing company. It was acquired by British Electric Traction (BET) in 1966, and became the publishing arm of that company. It was the subject of one of the most hotly contested management buyouts of the 1980s when a management team led by Kimble Earl, George Fowkes, and Scott Smith secured financing of £207m from forty national and international banks to acquire the UK and US businesses from BET. The acquisition was of particular note as the publisher Robert Maxwell was among the rival bidders, and widely considered as capable of out-witting the management team. Only an eleventh-hour intervention by Earl – exposing members of Maxwell's secret consortium as rival newspaper publishers which meant Maxwell would fall foul of the Monopolies Commission – brought suc (en)
  • Argus Press è stata una casa editrice britannica. Fu acquisita dalla (BET) nel 1966 e divenne il ramo editoriale di quella società. Fu oggetto di uno dei management buyout più contestati degli anni '80, quando un team di gestione guidato da Kimble Earl, George Fowkes e Scott Smith si assicurò un finanziamento di 207 milioni di sterline da quaranta banche nazionali e internazionali per acquisire le attività del Regno Unito e degli Stati Uniti da BET. L'acquisizione fu di particolare rilievo in quanto l'editore Robert Maxwell era tra gli offerenti rivali e ampiamente considerato in grado di superare il team di gestione. Solo un intervento all'ultima ora di Earl portò al successo il team di MBO. La nuova società commerciava nello stile del Team Argus e trattava il più grande gruppo di giorna (it)
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  • Argus Press (en)
  • Argus Press (it)
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