K-III Communications Corporation (Specimen)

K-III Communications Corporation (Specimen)
Item# 4286kiii


Stock Certificate, specimen
Late 1900's
American Bank Note Company
The item shown is representative of the piece you will receive



K-III Communications was founded in 1989 as a new venture financed by the investment group Kohlberg, Kravis, Roberts and Company. Over the next two years, the company went on a buying spree, snapping a number of publishing companies, including Intertec Publishing, Macmillan Book Clubs (later renamed Newbridge Communications), the business publications of Andrews Communications, Readers Garden (an operator of special interest book clubs), The Weekly Reader and Funk & Wagnalls (from Marshall Field) and 9 magazines from News Corporation for $600 million: Daily Racing Form, Soap Opera Digest, Soap Opera Weekly, New York, Seventeen, Premiere, European Travel & Life, Automobile and New Woman

Between 1992 and 1996 the expansion continued with the purchase of such properties as Pro Football Weekly, Stagebill, World Almanac and 14 titles from Cahners Consumer Publishing.

In 1997, the company was renamed Primedia, Inc.

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All certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. Unless otherwise indicated, images are representative of the piece(s) you will receive.