Well, as official as official can be: Joe Mansueto, CEO of Chicago-based investment research firm Morningstar, has bought the two business titles from G+J. The terms of the agreement were not disclosed, but media reports value the deal at about $35 million.

“This is purely a personal investment for me,” Mansueto said in an interview with MarketWatch. “I see it as a contrarian investment in an out-of-favor industry—the publishing business—which is the middle of a slump. It’s everything I like in an investment. It’s two great brands, a very strong management team, loyal customers and readers.”