December 5, 2020

Acquisitions: Bloomberg is Buying BNA for $990 Million

From the Washington Biz Journal:

Bloomberg LP has agreed to acquire Arlington-based research and analysis reports publisher BNA in a deal worth $990 million.

BNA is owned by current and former employees. Bloomberg will acquire all outstanding shares of BNA for $39.50 per share in cash. The acquisition is expected to close this year, Bloomberg said.

The acquisition will significantly grow Bloomberg’s presence in Washington, whose Bloomberg News, Bloomberg Government and Bloomberg Law divisions already have a presence here.

See Also: Official Press Release (PDF)

See Also: FAQ About the Acquisition (via Bloomberg)

About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.

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