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However, following the collapse of Lehman Brothers and the [[Financial crisis of 2007–2010|downturn in the financial services market]], Incisive Media's markets came under significant pressure and the debt levels were no longer sustainable. In October 2009 Incisive Media announced the refinancing of the Group's debt.<ref>{{cite pressrelease |url=http://www.incisivemedia.com/corporate/news/111 |title=Incisive Media reaches agreement on refinancing of the Group Incisive press release |date=8 September 2009}}</ref> ALM was separated from the Group and was Acquired by RBS and Apax Partners. In the same month Incisive Media agreed to a debt-for-equity swap with its lenders.
In January 2016 Legal Week was acquired by leading US publisher ALM, a deal which reunites Legal Week with its former sister company and publisher of titles including The American Lawyer and Corporate Counsel.<ref>{{cite web|url=http://www.pressgazette.co.uk/content/us-publisher-alm-acquires-legal-week-incisive-media|title=US publisher ALM acquires Legal Week from Incisive Media – Press Gazette|website=www.pressgazette.co.uk}}</ref>
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