Spotlight: McMullen Argus Buys Park Avenue Publishing

K-III Communications Corp.’s Placentia-based magazine unit, McMullen Argus, has acquired Pomona-based Park Avenue Publishing, which publishes Low Rider, a top-selling automotive magazine, as well as Arte, Low Rider Bicycle and Low Rider Japan. The terms of the transaction were not disclosed. Low Rider, which has a monthly circulation of 238,803, is the leading magazine covering low riders, cars highly stylized and customized with hydraulics systems.