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LexisNexis Buys Sheshunoff And A.S. Pratt

LexisNexis Legal & Professional, which is part of Reed Elsevier plc (RUK, REL.L), said Wednesday that, together with Reed Elsevier Properties SA, it has acquired the acclaimed publishing brands and businesses of Sheshunoff and A.S. Pratt from the Thompson Media Group.

Financial details of the deal were not disclosed.

Widely known for its "how to" guides for compliance professionals, the Sheshunoff collection of publications includes more than 100 titles offering expert information critical for the financial services industry with a strong focus on federally regulated banking and credit union lending activities.

The A.S. Pratt collection has established itself as the "gold standard" of analytical content for the banking and commercial practice areas and includes 40 industry-leading titles covering key legal and regulatory issues - including respected treatises, journals and newsletters such as the Banking Law Journal, Pratt's Letter, Brady on Bank Checks, Clark's The Law of Secured Transactions, and others.

Both collections will continue to be offered in print format. In addition, LexisNexis plans to enhance the value of those critical titles by offering them through digital channels, including as eBooks and online.

by RTTNews Staff Writer

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