OpenGate Capital is partnering with media consulting firm Kliger Media Associates to form OpenGate Media Group, which will focus on acquiring media companies "in need of significant rejuvenation or
strategic repositioning," as well as expanding Open Gate Capital's "existing publishing and media-related activities," according to the New York Business Journal. OpenGate Capital's portfolio includes
TV Guide magazine and PennySaver USA.
Read the whole story at New York Business Journal »