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Progressive Business Publications continues expansion with acquisition of Oakstone Legal & Business Publishing. (Mergers & Acquisitions).


With its sale of Oakstone Legal & Business Publishing to Progressive Business Publications, Haights Cross Communications has completed its divestiture The breakup of AT&T. By federal court order, AT&T divested itself on January 1, 1984 of its 23 operating companies, which became known as the Regional Bell Operating Companies (RBOCs).  of all of its publications that are not part of its focus on professional education.

This spring Haights Cross--Peter Quandt, chairman--sold West its Andrews Noun 1. Andrews - United States naturalist who contributed to paleontology and geology (1884-1960)
Roy Chapman Andrews
 Publications division of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 newsletters, special reports and online services (NL/NL 4/15/03).

Oakstone Medical Publishing and Oakstone Wellness Publishing remain with Haights Cross. Joanne E. Fiore, president of Oakstone Legal & Business, has retired.

This latest transaction expands Progressive Business Publicatons into the vast public and private educational sectors and broadens its coverage for human resource managers.

PBP PBP picture by picture (TVs and monitors)
PBP Penicillin Binding Protein
PBP Play-By-Play
PBP Paris-Brest-Paris (bicycle race)
PBP Progressive Bulbar Palsy
PBP Pay Back Period
PBP Pay By Phone
 currently produces 28 subscription newsletters and other publications for a wide variety of disciplines including finance, government compliance, sales and marketing, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , medical, information technology, and non-profits.

Oakstone L&B publishes 26 specialized spe·cial·ize  
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2.
 publications and a variety of reports on key legal issues, "bringing a better understanding to educational institutions and businesses of their legal rights and responsibilities to help them avoid costly mistakes and ensure compliance with the law," said Ed Satell, president of PBP.

"This acquisiton brings PBP into two new markets--education and legal," Satell said, "and expands the quality and breadth of services we currently provide."

Tom Schubert, CFO See Chief Financial Officer.  of PBP, said, "Oakstone products and services fit our profile. In addition, they utilized a sales model similar to our own. This will allow us to leverage our existing expertise." Most of Oakstone L&B operations will merge into PBP's and the majority of its editorial team will be maintained.

Haights Cross was represented in the transaction by the M&A advisory firm of White-stone Communications.

PBP, 370 Technology Drive, Malvern, PA 19355, 610-695-8600, fax 610-651-2921, www.pbp.com Haights Cross, 10 New King St., White Plains, NY 10604, 914-289-9400, fax 914-289-9401, wwwhaightscross.com
COPYRIGHT 2003 The Newsletter on Newsletters LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:The Newsletter on Newsletters
Geographic Code:1USA
Date:Jun 15, 2003
Words:300
Previous Article:Al Goodloe inducted into NEPA Hall of Fame.
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