ALM, a leader in specialized industry news and information, announced a deal to acquire Summit Professional Networks, the publisher of Investment Advisor and several prominent insurance and legal publications, including National Underwriter and InsideCounsel. The deal also includes Judy Diamond Associates, a market-leading provider of prospecting tools and data within the benefits industry. The acquisition advances ALM’s strategy of expanding and strengthening its offerings beyond the legal industry, while adding to the company’s considerable stable of legal publications that include The American Lawyer and The National Law Journal. The transaction is expected to close by January 31, 2015.
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