BNA buys Kennedy Information for $47.7 million - 12/2000

U.S. employment-reporting service The Bureau of National Affairs Inc. (www.bna.com), Washington DC, said it paid $47.7 million, including cash and assumed liabilities, to acquire Kennedy Information LLC, Fitzwilliam NH, publisher of nine newsletters, including Consultants News and Executive Recruiter News; eight directories, including The Directory of Executive Recruiters; three magazines, including Consulting magazine; and produces research reports and conferences, including the e-Recruiting & Staffing Conference. Founded in 1970, Kennedy Information has achieved a compound annual growth rate in excess of 50% over the past four years, employs 70 full-time staff members, and has bureaus in London and Los Angeles as well as offices in New York and New Hampshire.

www.kennedyinfo.com