Err, they bought more than just the one magazine Adrian!
Do people really spend large amounts of money just to get rid of competition – I dont think so, and I’m not sure its legal to do so anyway!
Bruce
Quite aware of that Bruce but if you have your own magazine already established, you wouldn’t want a competitor running the same, or similar material that would be diluting your assets each month. Yes, I can quite see that to get a monoploy in the aviation publishing market, it would be worthwhile buying up the competition then saving money by closing it down almost immediately. You have to speculate to accumulate and spend money to make money!