Bernan Associates Deal
This announcement appears as a matter of record only
Lexis-Nexis
a Reed Elsevier Company
has acquired the
Legal Publishing Titles of
Bernan Associates
a division of
The Kraus Organization, Ltd.
The undersigned initiated the transaction and served as advisor to and representative of The Kraus Organization.
a member of
Securities transactions conducted by FOCUS Securities LLC, an affiliated company, registered broker dealer and member FINRA/SIPC.
Engaged in several instances to assist the Kraus Organization's Bernan Associates, the leading value-added distributor of government-source documents and a publisher of government-centric titles, in divesting non-core properties. One engagement resulted in the sale of a newsletter property to Glasser Legal Works. Another resulted in the sale of legal and regulatory titles to Lexis-Nexis.