Crain Communications Changes Family Ownership Structure

Crain Communications, the parent company of brands including Advertising Age and Crain's Detroit Business, has changed its ownership structure with the buyout of longtime President Rance Crain and his family.Crain Communications acquired Rance Crain's 50% stake in the company, giving Chairman Keith Crain, along with his wife, sons and daughter, full control of the Detroit-based publishing company.Keith Crain and Rance Crain are brothers and the sons of founder G.D. Crain Jr. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2017-07-13 00:00:00 UTC ]
News tagged with: #crain communications #keith crain #rance crain #50% stake #full control

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