Financial data provider SNL Financial, known for providing data to money managers about various financial institutions, energy companies, real estate firms and media conglomerates, has acquired Kagan Research, a company that specializes in providing financial data on various communications sectors. Based in Charlottesville, N.C., SNL has offices in Amedabad, India, Arlington, Va., Islamabad, Pakistan, Jersey City, N.J., London and New York. Kagan, based in Monterey, Calif, specializes in collecting financial data for broadcast television and radio stations, satellite, wireless, entertainment companies and programming sectors. Besides data, the company offers reference tests, newsletters consulting and executive forums. “This acquisition instantly positions us as the foremost source of must-have information on the sector,” said SNL President Mike Chin. “Our merger with SNL’s information platform will help make Kagan research more accessible than ever,” said Derek Maine and Robin Flynn, senior vice presidents at Kagan, in a joint prepared statement. Terms of the acquisition were not disclosed.
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