Report: Congressional Quarterly to be Sold to Economist Group

Authored by Mark Hefflinger on June 19, 2009 - 8:18am.

Washington - Congressional Quarterly (CQ), the DC-based publisher of news and analysis of Congress, politics and public policy, will be acquired by the U.K.-based Economist Group, FishbowlDC reported.

Financial details of the deal have not been disclosed, with an official announcement expected in the coming weeks.

Florida-based Times Publishing said in January that it would seek a buyer for CQ, and hired investment banking firm Jordan, Edmiston Group to explore a possible sale.

CQ, which was founded in 1945 by Nelson Poynter, then owner of the St. Petersburg Times, now derives the bulk of its revenue from its subscription site, CQ.com.

Economist Group also publishes Roll Call.

Related Links:
http://snipurl.com/kglp5

http://www.cq.com

Published in DMW Daily, June 19, 2009

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Stop motion animation: musical score comes alive

Submitted by Julia Masters (not verified) on June 21, 2009 - 11:48pm.

President Barack Obama rarely equivocates when he promises that his health care plan will let people keep the coverage they have. His vow sounds reassuring and gets applause, but no president could guarantee such a pledge.