‘Congressional Quarterly’ sale explored

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St. Petersburg, Fla.—Times Publishing Co. announced it is exploring a sale of Congressional Quarterly. “The Times Publishing Co. has been a wonderful steward of this business. But to maintain CQ’s double-digit growth, we appreciate that it’s time to bring our enterprise under the banner of an owner with national or international reach,” CQ President Robert W. Merry, said in a statement.

Times Publishing Co., which also publishes the St. Petersburg Times, said it has retained Jordan, Edmiston Group, an investment banking firm, to handle the transaction.

—Sean Callahan

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