Gannett increases its bid to $865m to acquire US newspaper rival

‘Aggressive’ USA Today publisher eager to swallow the Tribune companyUS newspaper giant Gannett has increased its takeover bid for another big publisher, Tribune, after its first attempt was rebuffed. Gannett, which owns the UK chain, Newsquest, raised its offer on Monday to about $475m (£327m), plus the assumption of $390m (£269m) in debt, Gannett lifted its initial bid of $12.25 (£8.44) a share to $15 (£10.3). It means the total offer has risen from $815m last month to about $865m. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2016-05-17 00:00:00 UTC ]
News tagged with: #big publisher #uk chain

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Lagardère raises publishing profit outlook as it prepares for Vivendi takeover bid

Hachette Livre owner Lagardère has raised its publishing division's profitability outlook to 13.5%. Continue reading at The Bookseller

[ The Bookseller | 2021-12-20 11:14:48 UTC ]
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Broken Sleep acquires Musa's poetic ode to woodcutting and Borneo

Broken Sleep Books has landed Killernova, a book that explores the woodcutting heritage and colonial history of Southeast Asia in verse, by Bornean-Australian author and poet Omar Musa. Continue reading at The Bookseller

[ The Bookseller | 2021-12-17 01:51:27 UTC ]
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Alden sues Lee after news publisher rejects its takeover bid

Alden Global Capital hedge fund, owner of the Chicago Tribune, stepped up its attempts to buy Lee Enterprises this week, filing a lawsuit that accuses its board of denying shareholders of the newspaper publisher a voice in the matter. Continue reading at Baltimore Sun

[ Baltimore Sun | 2021-12-16 17:02:32 UTC ]
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Alden sues Lee after news publisher rejects its takeover bid

Nearly a week after Lee Enterprises rejected Alden Global Capital’s attempt to buy the newspaper publisher, the hedge fund responded Wednesday with a lawsuit accusing Lee’s board of improperly denying shareholders the chance to have a say on the offer Continue reading at ABC News

[ ABC News | 2021-12-15 23:34:05 UTC ]
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Bloomsbury acquires US academic publisher ABC-CLIO in £17.3m deal

Bloomsbury has acquired California-based academic publisher ABC-CLIO in a $22.9m (£17.3m) deal, expanding its academic and digital publishing presence in North America. Continue reading at The Bookseller

[ The Bookseller | 2021-12-15 16:09:02 UTC ]
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Lee Enterprises rejects takeover bid from Alden hedge fund

Newspaper publisher Lee Enterprises has rejected a takeover offer from the Alden Global Capital hedge fund that is one of the largest newspaper owners in the country with a reputation for intense cost cuts and layoffs Continue reading at ABC News

[ ABC News | 2021-12-09 21:37:15 UTC ]
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Buffalo News publisher rejects Alden Global Capital's takeover bid.

The board of Lee Enterprises voted 8-0 against an unsolicited offer by the hedge fund that valued the newspaper chain at $141 million. Continue reading at The New York Times

[ The New York Times | 2021-12-09 20:44:02 UTC ]
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Lee Enterprises rejects takeover bid from Alden hedge fund

Newspaper publisher Lee Enterprises has rejected a takeover offer from the Alden Global Capital hedge fund that is one of the largest newspaper owners in the country with a reputation for intense cost cuts. Continue reading at Baltimore Sun

[ Baltimore Sun | 2021-12-09 19:38:26 UTC ]
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Little A acquires 'powerful' memoir from Polari Prize founder Burston

Little A, the literary fiction and non-fiction imprint of Amazon Publishing, has acquired a "powerful" memoir by Paul Burston, founder of the Polari Prize, the UK’s first and largest LGBTQ+ book award. Continue reading at The Bookseller

[ The Bookseller | 2021-12-09 09:18:56 UTC ]
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Book Depot Acquires American Book Company

In a major deal in the bargain book business, Book Depot, the bargain book distributor based in Thorold, Ont., has acquired American Book Company headquartered in Knoxville, Tenn. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-09 05:00:00 UTC ]
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Books in the Media: newspapers reveal their best books of the year

In the lead up to Christmas, many publications, including the Guardian, Times, Telegraph, Daily Mail, Evening Standard, Financial Times, New York Times and iNews, have released their best book of the year articles. Continue reading at The Bookseller

[ The Bookseller | 2021-12-07 01:26:05 UTC ]
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Oasis Acquires Enclave Publishing, Expands into Print

Oasis Family Media, which houses Oasis Audio, is expanding into print publishing with the acquisition of Enclave Publishing—an independent press focused on Christian fiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-06 05:00:00 UTC ]
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Open Access: Germany’s Knowledge Unlatched Acquired by Wiley

Announcing its acquisition of Knowledge Unlatched, Wiley stresses the need to simplify open-access transactions for both libraries and publishers. The post Open Access: Germany’s Knowledge Unlatched Acquired by Wiley appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-12-03 04:15:48 UTC ]
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One More Chapter acquires three more from Wood in DCI Matilda Darke series

One More Chapter has acquired three new titles in the DCI Matilda Darke thriller series by Michael Wood. Continue reading at The Bookseller

[ The Bookseller | 2021-11-21 19:16:49 UTC ]
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Kyle Books acquires second book from Samaritans

Kyle Books has a second book from the Samaritans and its assistant director of communications Katie Colombus, entitled Pathways: Your Journey to Emotional Wellbeing. Continue reading at The Bookseller

[ The Bookseller | 2021-11-12 04:00:05 UTC ]
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Spotify acquires audiobook platform Findaway

Spotify could soon be home to a lot more audiobooks. The streaming service has acquired audiobook platform Findaway, the companies announced. Terms of the deal were not disclosed, but the acquisition suggests Spotify is looking to build out its own library of audiobook titles.Findaway is an... Continue reading at Engadget

[ Engadget | 2021-11-11 21:00:04 UTC ]
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Hachette Ireland acquires Döring's 'visceral' memoir

Hachette Ireland has acquired Mia Döring's "deeply personal and astutely political" literary memoir and debut Any Girl. Continue reading at The Bookseller

[ The Bookseller | 2021-11-10 15:02:25 UTC ]
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In the United States: Sourcebooks Acquires BES Publishing

'Our children’s book business now accounts for more than half our annual sales,' says Sourcebooks' Kay Birkner as the company buys BES Publishing. The post In the United States: Sourcebooks Acquires BES Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-11-04 18:59:42 UTC ]
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Sourcebooks Acquires B.E.S. Publishing

In a deal that closed on November 1, Sourcebooks acquired B.E.S. Publishing from Peterson’s Publishing, gaining over 800 titles in the process. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-04 04:00:00 UTC ]
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ICF acquires Rockville health IT company

ICF International Inc. (NASDAQ: ICFI) jumped back into the mergers and acquisitions market for the first time in almost two years Tuesday, purchasing Rockville health information technology firm Enterprise Science and Computing Inc. (ESAC) in a deal announced after market close.  Terms of the... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2021-11-02 21:52:00 UTC ]
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