Thomson seeks buyer for Sheshunoff; acquires financial web info service.Thomson Corp. (Toronto, ON) is seeking a buyer for its Sheshunoff Information Services See Information Systems. (Austin, TX) division. The company said it expects to receive between $40-50 million for the property. The sale is being handled by Berkery, Noyes & Co. (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ). Established in 1971, the company was acquired by Thomson from founders Alex and Gabrielle Sheshunoff in March 1988. It provides financial information for professionals in the banking and thrift industries as well as training courses and electronic products and solutions for financial institutions. The assets of A.S. Pratt (Arlington, VA) were acquired by Thomson and added to Sheshunoff in 1995. Sheshunoff offers performance data and regulatory reporting software The following is a list of notable reporting software. Commercial software
CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). . The company's subscription newsletters include such titles as Bank Fraud & IT Security Report, Bank Regulatory Compliance Alert, CRA/Fair Lending Bulletin and Financial Privacy Alert. Pratt publications target attorneys in commercial and banking practices, financial institution in-house counsel, mortgage banking professionals, and corporate treasurers. Also, Thomson has signed an agreement to acquire CCBN CCBN Central Coast Bancorp CCBN Charles County Business Network , Inc. (Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. Broadcast Network; Boston, MA), a provider of web-based solutions for the investment community. Terms of the deal were not given. Thomson currently owns 10% of CCBN. CCBN provides investor relations Investor relations The process by which the corporation communicates with its investors. web site hosting, webcasting and disclosure services for corporate communications professionals at 3000 companies. CCBN has more than 15,000 subscribing investment professionals. In related news, Thomson unit Thomson Tax & Accounting (Fort Worth, TX) has acquired the assets of Quickfinder, Inc. (Minnetonka, MN), a provider of income tax reference handbooks for tax professionals. Quickfinder's product line includes "1040 Handbook," "Small Business Handbook" and "All States Handbook." No terms were given. |
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