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Holt's Latest Money Moves
Judy Quinn -- 11/10/97
On the basis of a 30-page partial manuscript, Holt editor Tracy Sherrod made what was rumored to be a nearly mid-six-figure bid to acquire hard/soft rights to the next novel by A.J. Verdelle, whose first novel, The Good Negress, was published to wide acclaim by Algonquin in 1995. Sherrod, who made the acquisition along with Owl v-p and associate publisher Wendy Sherman, won the book in an auction held by Wendy Weil and involving five other publishers. A fall 1999 publication is planned.
A similarly big deal was editor Ray Roberts's rumored high mid-six-figure bid to acquire a first novel, Childhood, by Canadian/Trinidadian writer Ande Alexis. Holt acquired the book from Canadian publisher McClelland &Stewart, which previously sold world rights to Anne Michaels's Fugitive Pieces. Holt plans to publish in fall 1998, and also acquired the collection Despair and Other Stories of Ottawa as part of the deal.
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