Penton Buys Restaurant Magazine

SN STAFF

NEW YORK — Penton Media here, parent of SN, this week said it has completed the acquisition of Nation's Restaurant News and formed a new Restaurant Group within the diversified publishing company.

Terms of the acquisition were not disclosed.

NRN, which was acquired from business-to-business publisher Lebhar-Friedman, also based here, joins Penton's existing food-service publications, Restaurant Hospitality and Food Management, in the new Restaurant Group.

"NRN is a property Penton has coveted owning for some time," said Sharon Rowlands, chief executive officer, Penton. "Our Restaurant Group will have every single segment of food service covered ­ from full service to QSR, independents to chains, and commercial to noncommercial. We will be able to connect readers and marketers through print, online, events and research."

Randall Friedman, publisher of NRN, will join Penton and become the market leader of the Penton Restaurant Group. He will report to Dan Bagan, senior vice president, Penton.

"The power of these three titles together will be extraordinary," said Bagan of the new Restaurant Group. "Not only can advertisers reach the entire market through our group, but the ability of the three to provide unique and deep solutions for operators and markets will be the game changer."