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Former Primark CEO Acquires Economic Information and Forecasting Businesses

By: Hane, Paula J. | Information Today, June 2001 | Article details

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Former Primark CEO Acquires Economic Information and Forecasting Businesses


Hane, Paula J., Information Today


WEFA (formerly Wharton Economic Forecasting Associates) and Data Resources (DRI) have been the pre-eminent companies in the field of crunching economic data and forecasting. Each company works to understand and quantify how the economic environment impacts organizations and governments. Now, the two competitors have been purchased from their parent companies and a new company has been formed to integrate and grow the businesses.

Global Insight, Inc. (GII), a privately held corporation headed by Joseph Kasputys, has been formed through the acquisition of 100 percent of four businesses and a significant interest in a fifth. In addition to DRI and WEFA, the company has purchased …

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