New legislation could thwart planned £600m purchase of media group by UAE-backed consortiumThe UK government plans to introduce legislation that would prevent foreign governments owning UK newspapers and news magazines in a significant move that could scupper the planned £600m sale of the... Continue reading >> [ Source: The Guardian | 2024-03-13 15:52:35 UTC ]
The private equity firm KKR has completed its sale of audiobook publisher RBmedia to investment firm H.I.G. Capital and private equity firm Francisco Partners. Continue reading >> [ Source: Publishers Weekly | 2023-09-18 04:00:00 UTC ]
MEP Capital has made an investment in RosettaBooks in a deal that gives MEP ownership of Rosetta's e-book catalog while leaving the operation of Rosetta unchanged. Continue reading >> [ Source: Publishers Weekly | 2021-05-04 04:00:00 UTC ]
Barnes & Noble Education reached an agreement with the investment firm that avoids the possibility of Outerbridge running an alternative slate of directors at the upcoming annual meeting. The deal comes as B&NE looks to accelerate its digital products and services for college students. Continue reading >> [ Source: Publishers Weekly | 2020-07-21 04:00:00 UTC ]
Elliott Advisors, a U.S. investment firm, has agreed to buy U.K. bookstore chain Waterstones for an undisclosed sum. James Daunt will remain CEO. Continue reading >> [ Source: Publishers Weekly | 2018-04-26 00:00:00 UTC ]
Rupert Murdoch’s supporter, Prince Al Waleed bin Talal, reduces holding from 5% to 1%The Saudi Arabian billionaire, Prince Al Waleed bin Talal, has sold a substantial stake in Rupert Murdoch’s publishing company, News Corp, reports Bloomberg.His investment firm, Kingdom Holdings, announced to... Continue reading >> [ Source: The Guardian | 2015-02-04 00:00:00 UTC ]