[6] The Bureau of National Affairs, Inc. (BNA) was founded in 1929 by newsman David Lawrence as a subsidiary of United States Daily, now known as the U.S. News & World Report.

[5] The transaction closed in late September 2011 at which time Bloomberg paid $39.50 a share in cash through a tender offer to BNA's employee owners.

1933 – The United States Daily folds in the aftermath of President Franklin Roosevelt’s "bank holiday;" converts into a weekly.

1941 – Daily Report on Price and Production Controls begins in April; it is the only privately produced publication to receive an unlimited allocation of paper during World War II.

[citation needed] 1947 – BNA begins operation as an employee-owned company under President Dean Dinwoodey; the National Labor Relations Board certifies the American Newspaper Guild as the bargaining agent for BNA employees (Bloomberg Industry Group employees are now covered by the Washington-Baltimore News Guild).

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