Main Feature Cygnus emerges from bankruptcy, names John French CEO
September 21, 2009In what was one of the worst-kept secrets in b-to-b media, Cygnus Business Media announced that it has named John French as its CEO. French, who had been working as a consultant for Cygnus, is the former CEO of Penton Media. Cygnus also announced that it has emerged from Chapter 11 bankruptcy protection. With the debt-for-equity swap officially completed as part of its bankruptcy agreement, Cygnus, which publishes Firehouse and Kitchen & Bath Design News, is now owned in part by GE Commercial Lending.
Source
http://www.btobonline.com/apps/pbcs.dll/article?AID=/20090921/MEDIABUSINESS/909219979/1117/FREE
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