Local publisher acquired by communications group

A Dayton-based educational publishing and media company has been acquired by an international communications group, according to a media release.

Peter Li Inc. of Dayton was acquired on July 28 by Bayard Inc., a Catholic media company owned by the Augustinians of the Assumption, officials said. Terms of the deal were not disclosed.

Founded in 1971, Peter Li Inc. serves the K-12 market. Its two divisions include the Peter Li Education Group, publisher of Catechist and Today’s Catholic Teacher magazines, and the Pflaum Publishing Group, publisher of Catholic religious education programs and supplemental materials.

Bayard’s periodicals include Catholic Digest and Owl Magazine.

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Dave Larsen