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Bloomberg Completes BNA Purchase

Monday, Oct 03 2011
News
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BNA logoBloomberg  has completed its acquisition of The Bureau of National Affairs in a cash tender deal worth about $1 billion. BNA is now a stand-alone, wholly-owned subsidiary of Bloomberg and is part of the Bloomberg Industry Verticals Group.

The shareholders of the employee-owned BNA tendered about 95 percent of their stock during the 20-business-day offering period. BNA continues to be led by CEO Paul Wojcik and president and COO Greg McCaffery and other members of pre-acquisition management team.

 

 


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