Closes Acquisition of Leading Political and Economic Advisory Firm
SAN FRANCISCO (Dec. 24, 2008) – Glass, Lewis & Co., LLC, a leading independent proxy advisory and investment research firm, today announced that it has completed the acquisition of Washington Analysis Corporation, a top-rated political and economic advisory firm based in Washington, D.C.
Founded in 1973, Washington Analysis anticipates and analyzes the impact of political, legislative and regulatory developments on the financial markets. The firm’s senior analysts are renowned for their sector expertise – including defense, energy, financial services, healthcare, media and telecommunications – and indepth knowledge of geo-politics and political economics, including fiscal, monetary and trade policy.
Washington Analysis was acquired from Xinhua Finance Limited of Shanghai and is now a wholly-owned subsidiary of Glass Lewis.
About Glass Lewis
Glass, Lewis & Co. is a leading investment research and global proxy advisory and voting services firm, serving institutions that collectively manage more than $17 trillion. Glass Lewis helps institutional investors make more informed investment and proxy voting decisions by identifying business, legal, governance and financial statement risk at more than 17,000 companies worldwide. Founded in 2003, Glass Lewis is headquartered in San Francisco with offices in New York, Paris, Tokyo and Sydney.
For more information on Glass Lewis & Co. contact:
Bayley Diamond, +1 415 738 4115, bdiamond@glasslewis.com
www.glasslewis.com.
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