This announcement appears as a matter of record only

Lexis-Nexis

a Reed Elsevier Company


has acquired the
Legal Publishing Titles of

Bernan Associates

a division of

The Kraus
Organization, Ltd.  

The undersigned initiated the transaction and served as advisor to and representative of The Kraus Organization.Glasser Publications, Inc.

Engaged in several instances to assist the Kraus Organization's Bernan Associates, the leading value-added distributor of government-source documents and a publisher of government-centric titles, in divesting non-core properties. One engagement resulted in the sale of a newsletter property to Glasser Legal Works. Another resulted in the sale of legal and regulatory titles to Lexis-Nexis.