
Times Publishing Company has sold Congressional Quarterly (www.cq.com), the premier provider of congressional news, insight and analysis, to Roll Call Group (www.rollcallgroup.com), a wholly owned subsidiary of The Economist Group (www.economistgroup.com). Under the terms of the agreement, Roll Call has purchased the assets of CQ to form a new company to be called CQ-Roll Call Group. Since 1945, CQ has been the "publication of record," providing factual, unbiased coverage of congressional activity. In recent years, CQ has been at the forefront of developing Internet services that provide real-time intelligence on the workings of Congress. Roll Call, founded in 1955 and acquired by the Economist Group in 1992, has been at the center of the Capitol Hill community, providing a look into the people, politics, and personalities that drive the legislative process. "The new CQ-Roll Call Group will have the largest and most experienced newsroom covering Washington and will be the leader in providing insight and analysis about the workings of Congress," said Laurie Battaglia, Managing Director and Executive Vice President of Roll Call Group. The Jordan, Edmiston Group represented Congressional Quarterly in this transaction and acted as its exclusive financial advisor. For more information, click here. |


