|
|
Article: Cambridge Information Group Announces Agreement to Acquire ProQuest Information and Learning.
- Article from:
- Business Wire
- Article date:
- December 15, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
New Company's Leadership to Include Marty Kahn as CEO, Matt Dunie as President
BETHESDA, Md. -- Cambridge Information Group (CIG) announced today it has entered into an agreement to acquire ProQuest Information and Learning, a segment of ProQuest Company (NYSE:PQE), for approximately $222 million.
Under the agreement, CIG will combine its Bethesda, Maryland-based CSA subsidiary with Ann Arbor, Mich.-based ProQuest Information and Learning to create a new, privately held independent company. The new company plans to continue operations in both locations.
Both CSA and ProQuest offer libraries and their users access to high-quality electronic ...