Thursday, May 23, 2013
LexisNexis Buys Pubs from Thompson
LexisNexis buys Sheshunoff, A.S. Pratt from Thompson Media Group:LexisNexis Legal & Professional announced today that, together with Reed Elsevier Properties, it has acquired the publishing brands and businesses of Sheshunoff and A.S. Pratt from Thompson Media Group.Financial terms of the deal were not disclosed. Known for its “how-to” guides for compliance professionals, the Sheshunoff portfolio includes more than 100 publications aimed at the financial services industry, with a strong focus on federally regulated banking and credit union lending activities. A.S. Pratt provides analytical content for the banking and commercial practice areas; its portfolio includes 40 titles covering legal and regulatory issues, including the Banking Law Journal, Brady on Bank Checks and Pratt's Letter. Both the Sheshunoff and A.S. Pratt titles will continue to be offered in print. LexisNexis intends to also offer them through digital channels, including as eBooks and online.