Reed Business Information-US (www.reedbusiness.com/us) has sold Library Journal and School Library Journal to Ohio-based Media Source Inc. (www.juniorlibraryguild.com), a portfolio company of The Riverside Company (www.riversidecompany.com). The acquisition includes all print and web products, services, supplements, and newsletters, including Library Hotline.

"With this purchase, Media Source, best known for its ownership of Junior Library Guild and The Horn Book, Inc., adds substantially to its product offerings in the library market. Library Journal and School Library Journal are valuable magazines that deserve a corporate home focused on libraries," said Randall Asmo, CEO of Media Source.

The Jordan, Edmiston Group represented Reed Business Information-US in this transaction and acted as its exclusive financial advisor. For more information, click here.