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UBM said it expects US Dept. of Justice clearance shortly of its $841M sale of PR Newswire to Cision.
A 28-year-old Ukrainian man pleaded guilty May 16 in federal court in New Jersey to hacking Marketwired, PR Newswire and Business Wire and stealing confidential information from press releases in a conspiracy to reap $30M in profits.
Most media centers and digital newsrooms established by the communications industry don’t meet the needs of the press, according to a recent survey of journalists.
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