AO Newslink

October 26th, 2012

The Art Newspaper reports on rumors that publisher Louise Blouin (Art+Auction, Modern Painters, Gallery Guide) is in talks with Merchandise Mart Properties (MMPI) to acquire its art fairs, including the Armory Show, Art Platform Los Angeles and Volta. Another buyer, Next Editions Partners, an art media company based in Vienna, is ready to negotiate but has said that MMPI has designed the deal around their first bidder. A spokeswoman for Blouin said, “Louise Blouin Media is a privately-held company, and we do not comment on speculation in the media about the company’s business activities.” MMPI also declined to comment.Read the article via The Art Newspaper