The Arena Group to acquire the Men’s Journal and Adventure Network from accelerate360.

The Arena Group, a media group, agreed to acquire the Men’s Journal and Adventure Network from accelerate360, a media and publishing group. Financial terms were not disclosed. “The Arena Group will be a great home for these terrific brands and the teams that have made them so successful. This agreement not only provides an opportunity for these brands to thrive, but also allows us to further sharpen our focus and resources on the continued growth of our Celebrity and Women’s Lifestyle brands that have further been bolstered by the recent Bauer US and Centennial Media acquisitions," Doug Olson, accelerate360 President.