PGI Inc., the Arlington, Va.-based event and communications agency, has sold PGI Spearhead to a team of Spearhead managers and a U.K.-based investment group. Terms of the transaction were not disclosed. PGI acquired what was then Spearhead Exhibitions Ltd. six years ago and owned it as part of PGI's exhibition and conference management division. Again to operate as Spearhead Exhibitions Ltd., the newly divested company will continue to own and manage its portfolio of trade shows and ...

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