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Elliott Completes Purchase of B&N
Elliott Advisors has completed its $683 million purchase of Barnes & Noble. As a result of the deal, Waterstones CEO James Daunt takes over as B&N CEO as well. Elliott now owns both Waterstones and B&N.
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Quad, LSC Call Off Merger
Quad and LSC Communications announced this morning that they have mutually agreed to call off the planned purchase of LSC by Quad following a DoJ lawsuit.
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Penguin Publishing to House Former F+W Titles
After placing the winning bid in the auction for the book assets of bankrupt F+W Media, Penguin Random House has completed the purchase of 2,000 titles and that announced the works will become part of the Penguin Publishing Group.
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DoJ Sues to Block Merger of Country's Two Biggest Printers
The Department of Justice filed a civil antitrust lawsuit Thursday in the U.S. District Court for the Northern District of Illinois seeking to block Quad’s proposed acquisition of LSC Communications.
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Rowman & Littlefield Buys Prometheus Books
The Rowman & Littlefield Publishing Group has acquired the publishing assets of Prometheus Books, which was founded in 1969 and has a backlist of 1,700 active titles.
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TaleFlick Opens Adaptation Marketplace
TaleFlick, a company that fosters relationships between Hollywood and the publishing world, has just launched “The Marketplace,” an online platform where producers, publishers, agents, and writers can connect.
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A Bidding War for B&N?
According to a report in the 'Wall Street Journal,' Readerlink is considering putting together a bid to top the $6.50 per share offer made by Elliott Advisors.
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PRH Acquires F+W Book Group Assets At Auction
Penguin Random House has posted the winning bid to acquire the book publishing assets of F+W Media.
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Equity Firm Agrees to Buy B&N
Elliott Advisors, which bought the U.K. bookstore chain Waterstones in April 2018, has signed a definitive agreement to buy Barnes & Noble in a deal valued at about $683 million.
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Reports Say B&N Close to Selling to Private Equity Firm
According to a report in the 'Wall Street Journal,' the private equity firm Elliott Management, which bought U.K. bookstore chain Waterstones in April 2018, is close to acquiring Barnes & Noble.
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PRH Takes Minority Stake in Sourcebooks
Penguin Random House has acquired a 45% stake in Sourcebooks, the independent publisher founded by Dominique Raccah in 1987, which has shown rapid growth in the children's sector.
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CJK Buys Thomson-Shore's Assets
The CJK Group has moved ahead with the purchase of the assets of Dexter, Mich.-based printer Thomson-Shore. The asset acquisition follows the March 25 bankruptcy filing of Thomson-Shore.
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Highlights Sells Boyds Mills to Kane Press
Highlights has sold its trade book publishing arm to Kane Press, effective immediately.
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McGraw-Hill, Cengage Agree to Merge
As large educational publishers struggle to keep up with the rapid changes in both the K-12 and higher education markets, McGraw-Hill and Cengage have agreed to merge in deal that will create a $3.2 billion learning company.
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Jump! Buys Bearport Publishing
The purchase adds 1,050 curriculum-aligned books for children in grades PreK-8 to Jump!'s list of nonfiction children's works for reluctant and emergent readers.
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Arcadia Will Buy Pelican Publishing
Arcadia Publishing has agreed to acquire a “significant” majority interest in the New Orleans–based house Pelican Publishing.
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Book Depot Buys Kidsbooks
Canadian bargain book wholesaler Book Depot has acquired the Chicago children’s book publisher Kidsbooks, its second purchase of a book publisher in two years.
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Smith, Leaver Form New Company, Buy Carlton Books
Mark Smith and Marcus Leaver, two publishing veterans with lots of trans-Atlantic publishing experience, have formed a new U.K.-based company, which has already made the first of what the two said are likely to be several acquisitions.
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Rowman & Littlefield Acquires McBooks Press
The Rowman & Littlefield Publishing Group has added to its list of nautical titles, acquiring McBooks Press of Ithaca, N.Y.