Wolters Kluwer purchases accounting line from Strafford Publications. (Acquisitions).Wolters Kluwer Wolters Kluwer N.V. (Euronext: WKL) is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. recently acquired the print and electronic accounting industry titles of Strafford Publications Inc., based in Atlanta. The five accounting titles will become part of Aspen Publishers, New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , a provider of legal, business and health care information and a Wolters Kluwer North America company. Terms of the sale were not disclosed. Among the publications acquired was Public Accounting Report, "one of the industry's most recognized newsletters covering news, profiles, mergers and acquisitions, and legal and regulatory issues facing accounting firms, professionals and industry leaders," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Wolters Kluwer's Mary Dale Walters Dale Walters (born September 27, 1963 in Port Alice, British Columbia) was a Canadian boxer who won a bantamweight bronze medal at the 1984 Summer Olympics. Professional Career Walters began his professional career in 1985 as a Bantamweight and had limited success. . Other information products included in the acquisition were CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. Managing Report, CPA Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Provider, CPA Marketing Report, and CPA Personnel Report. "These accounting titles have been enormously productive for Strafford but that marketplace is not a component of our revised strategic plan," said Strafford president Richard Ossoff. "They are a great strategic fit for Aspen and this transaction makes sense for both companies." Ossoff told NL/NL that under a revised strategic plan they laid out a little more than a year ago, the accounting sector of Strafford was no longer a priority. But the company did little if nothing to divest the titles until Wolters Kluwer approached them. Also as a result of the revised strategic plan, Strafford last year sold off its two healthcare titles, Jenks Healthcare Business Report and Jenks Subacute Business Report, to Irving Levin Associates, of New Cannan, Conn. (NL/NL 10/15/00). "Strafford's focus will be on accelerated product development in our Legal Publications Group," Ossoff said, "continued expansion of our Business Publications Group (currently serving the security and consulting industries) and, very shortly, the launch of an entirely new family of products." |
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