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American Lawyer Media Sold: What Does This Mean for the Journalism of Law and Personality?

By Jean O'Grady on June 5, 2014
New York Times DealBook reported today  that ALM Media will be acquired by an investor consortium led by Wasserstein & Co. It was reportedly sold for significantly less than expected. The purchaser owned ALM once before. The company sold for $630M in 2007 but today’s deal price is reported at $417M.

By my count this

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*Hat tip to Melville Dewey, 19th century efficiency reformer, founder of the first School of Library Economy, and inventor of the eponymous decimal classification system based on Sir Francis Bacon's outline of human knowledge.

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About Jean O'Grady

Jean P. O’Grady has over 30 years of experience developing strategic information initiatives for Am Law 100 law firms.

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