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Dow Jones acquires Alternative Investor

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New York--Dow Jones & Co. has agreed to purchase Alternative Investor from Wicks Business Information for $85 million, plus working capital and a potential performance-based payment of $5 million.

The deal is expected to be finalized by the end of the first quarter.

Alternative Investor provides data, analysis, news and events to private market professionals. Its flagship products include "Private Equity Analyst" newsletters, the VentureSource database of venture-backed companies and a portfolio of industry events anchored by the Private Equity Analyst Conference.

Dow Jones plans to integrate Alternative Investor into Dow Jones Newswires.

The Jordan, Edmiston Group represented Wicks Business Information in the negotiations.

--Jeremy Esposito

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