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SAGE buys CQ Press

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CQ Press, the book-publishing unit of Washington-based Congressional Quarterly, has been sold to SAGE. CQ’s corporate parent, Times Publishing, announced in January that it would divest CQ Press in order to direct investment resources to other opportunities, including the core CQ publishing business and the company’s award-winning newspaper, The St. Petersburg Times.

SAGE plans to keep CQ Press intact as a separate division based in Washington, bearing the CQ Press imprint. It also plans to retain all CQ Press employees under the senior management team that will remain in place. This includes publisher John Jenkins, who will also carry the title of president of CQ Press.

‘We’re very pleased CQ Press is joining the global SAGE family,’ said Simqu. ‘CQ Press and SAGE enjoy a shared mission and values. Both are driven by a passion for scholarship and innovation that impacts education and public policy. John Jenkins and the rest of the CQ Press executive team have created an impressive publishing enterprise that will further enhance SAGE’s presence in the marketplace.’

‘I couldn’t be more delighted with this outcome,’ said Merry. ‘Everyone in our company felt SAGE was ideally positioned to take this fine enterprise to new heights while preserving its culture and stability.’ He added he was particularly impressed with SAGE’s commitment to editorial excellence and business integrity.