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Penguin Random House Buys Sasquatch Books
The Seattle-based house, which was named one of PW’s fast-growing independent publishers of 2016, was bought by Penguin Random House for an undisclosed sum.
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Webcrafters Sold to CJK Group
Webcrafters, one of the country's oldest printers, is to be acquired by the CJK Group, the holding company for a host of printing companies.
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B&T Forms Distribution Group, Tapping Mark Suchomel to Lead It
Baker & Taylor Publishers Services will offer distribution and other functions to children’s, trade, K‐12, higher education and academic publishers. To help lead the unit, B&T has hired distribution veteran Mark Suchomel as senior v-p of sales & client services.
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Abrams Parent Company in Merger Talks
La Martinière Groupe, the French parent company of Abrams, is in discussions to merge with fellow French publisher Média‐Participations. The two companies said that they expect to come to an agreement "in the coming months."
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Carolina Wren Press Acquires John F. Blair
Durham, N.C.-based Carolina Wren Press is acquiring the trademarks and backlist of Winston-Salem-based publisher John F. Blair. The combined company will function as a non-profit publisher and will be renamed Blair.
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Quarto Acquisition Talks Off
A week after it revealed that it had received an unsolicited takeover offer, the Quarto Group announced this morning that its discussions with the potential buyer have ended.
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B&N Education Buys Student Brands for $58.5 Million
Barnes & Noble Education has acquired Student Brands, a direct-to-student subscription-based writing skills service, for $58.5 million.
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Wholesaler American West Books Acquired
The Calif.-based company, which is the exclusive wholesaler to Whole Foods, was acquired by industry veteran Christopher Robbins.
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Bertelsmann Ups PRH Stake to 75%
Bertelsmann has agreed to buy a 22% stake in Penguin Random House that will generate about $1 billion for Pearson, which will still have a 25% stake in the trade publishing giant.
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PRH Completes Purchase of Ediciones B
The purchase, which was announced in April, will boost Penguin Random House Grupo Editorial’s position in Spanish-language trade-book publishing markets throughout the world.
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Ingram Buys NBN's International Divsion
Ingram Publisher Services has acquired NBNi, the U.K.-based arm of the U.S. distributor National Book Network.
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Pubnet, PubEasy Sold to German Company
Effective July 1, MVB Marketing, a subsidiary of Börsenverein, the German Publisher and Bookseller Association, will take over ownership of Pubnet and PubEasy. Ted Hill has been named general manager.
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Rutgers and Bucknell Strike University Press Pact
The university presses have reached a partnership agreement through which Rutgers will do all of the production, marketing, and sales for Bucknell titles.
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Quarto to Sell Regent Publishing Services
Quarto's sale of the Hong Kong-based publishing services business will allow it to focus on expanding its global illustrated book operations.
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Trump Budget Calls for Eliminating the NEA, NEH
President Trump's budget proposal for fiscal 2018 calls for completely eliminating funding for the NEA and NEH as well as a number of other domestic programs. The LitNet arts coalition called the NEA proposal "an assault on free expression."
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Hachette U.K. Acquires Bookouture
Bookouture, the U.K.-based digital publishing company that had a number of titles hit high on Amazon's Kindle e-books bestselller list in 2016, has been acquired by Hachette U.K.
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Penguin Random House Acquires Obama Books
Penguin Random House has won world rights, at auction, to books by former President Barack Obama and former First Lady Michelle Obama in a sum rumored to be as high as $60 million.
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B&N Education Buys MBS for $174 Million
In another move that consolidates the college retail and wholesale market, Barnes & Noble Education has acquired MBS Textbook Exchange for $174.2 million in cash.
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Lyons Press Partners with History Channel on New Series
Lyons Press is partnering with A+E Networks to publish a series of illustrated titles based on the History channel’s 'Breaking History' programs.
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