TBA Global to Buy Production Group
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From a Times Staff Writer
TBA Global Events, a Los Angeles company specializing in organizing major corporate events, announced that it was buying rival Production Group International of Washington.
TBA’s partners are veteran music industry figures Irving Azoff and Robert Geddes, who serves as chief executive, along with financial backers JHW Greentree Capital and an affiliate of Whitney & Co.
Terms weren’t disclosed, although TBA said that the combined revenue of the two companies would be about $175 million.
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