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Clarion Events Sold to Providence Equity

Clarion Events, producer of the ICE Totally Gaming trade show and the EiG internet gaming conference, has been acquired by Providence Equity, an investment group specializing in media, information and education industries.

Providence Equity is expected to invest strongly in ICE Totally Gaming, but the fate of EiG, which has not done as well financially as projected, is less clear.

Clarion organizes more than 200 events worldwide covering several diverse industries.