Crain to acquire MiBiz for undisclosed amount

Crain Communications announced Wednesday that it has agreed to acquire MiBiz for an undisclosed amount.

A story on Crain’s Detroit Business states, “The deal for MiBiz is effective Jan. 1, the companies announced Wednesday. Terms were not disclosed.

“Detroit-based Crain acquired MiBiz, which launched in 1988, from privately owned MiBiz Inc. The purchase follows Crain’s acquisition of the Grand Rapids Business Journal in August.

“MiBiz will be consolidated with the Business Journal into one brand serving Grand Rapids and other areas on the west side of Michigan. The combined entity will be renamed Crain’s Grand Rapids Business in early 2023 and will tap into resources from Crain’s Detroit and elsewhere in Crain’s expanding city brand network, which also includes Crain’s Chicago Business, Crain’s Cleveland Business and Crain’s New York Business.”

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