Dow Jones Completes Purchase Of Alternative Investor Group.Business Editors NEW YORK--(BUSINESS WIRE)--March 19, 2004 Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance & Company announced today that it has completed the purchase of Alternative Investor Group. The deal originally was announced on February 19, 2004. The purchase includes stock and assets comprising the Alternative Investor Group of Wicks Business Information, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control for a cash purchase price of $85 million, adjusted to reflect working capital (Dow Jones assumed no debt in the transaction). Alternative Investor is the leading provider of databases, newsletters and industry conferences for the venture-capital market and newsletters and events for the private-equity market. With this acquisition, Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July will be the leading provider of newsletter, databases and industry conferences for the venture-capital and private equity markets. Dow Jones & Company (NYSE NYSE See: New York Stock Exchange : DJ; dowjones.com) publishes The Wall Street Journal and its international and online editions, Barron's and the Far Eastern Economic Review, Dow Jones Newswires, Dow Jones Indexes and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, with Hearst of SmartMoney and with NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. of CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S. Information Relating To relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc Forward-Looking Statements: This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those anticipated, including the volatility of the venture capital and private equity markets and the extent to which these markets begin to grow, following their contraction in recent years; the Company's ability to successfully integrate this acquired business, which includes the distinct newsletters, database and events businesses, into the company's Newswires business unit, and to achieve production and operational efficiencies in doing so; the competition from other news and information companies for products aimed at the venture capital or private equity markets; the volatility of the events business which is impacted by growth and contraction in the venture capital and private equity markets and by external factors that impact willingness to travel, such as war and other geopolitical ge·o·pol·i·tics n. (used with a sing. verb) 1. The study of the relationship among politics and geography, demography, and economics, especially with respect to the foreign policy of a nation. 2. a. events; and such other risk factors as may be included from time to time in the Company's reports filed with the Securities and Exchange Commission. |
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