TORRANCE, Calif. — The magazine, World of Special Finance, and its related conference and other assets have been acquired by Bobit Business Media, it was announced recently.

World of Special Finance LLC, a Michigan-based entity owned by Rick and Cindy Sly, has produced a monthly magazine for the past 11 years. The new owners will assume control of the publication with the January 2008 issue. Rick and Cindy Sly will assist in the transition.