WPP confirmed on Monday it is in exclusive talks with Bain Capital to sell its majority stake in Kantar to the Boston-based private-equity firm, following "press speculation." The potential deal values the data, insights and consulting giant at $4 billion, according to WPP's statement that confirmed an earlier Bloomberg report. "Bain Capital's proposal is subject to negotiation," the statement read. "There is no certainty that these discussions will result in a transaction involving Kantar. Any further announcement will be made as appropriate." WPP declined to comment further. Kantar and Bain Capital did not immediately return requests for comment. R3 co-founder and principal Greg Paull told Ad Age that the deal would make sense. "This would be a logical move for [Bain Capital] to expand their insights base and connect into some of their other assets," Paull said. "The sector is buoyant right now with Nielsen also looking at strategic options." Media research firm Nielsen began a strategic review of its business last year, employing financial advisors J.P. Morgan Securities and Guggenheim Securities to assess, among other options, a sale of the company. CNBC reported in April that Advent International and Apollo Global Management were among the bidders for Nielsen. Apollo reportedly was also competing against Bain Capital in the final round of the auction for Kantar. CVC Capital Partners and Apax Partners were said to be early bidders for Kantar as well, but... Continue reading at 'Advertising Age'
[ Advertising Age | 2019-07-01 20:08:21 UTC ]
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Vivendi, parent company of French publisher Editis, has acquired 10.6% of Lagardère. Continue reading at The Bookseller
[ The Bookseller | 2020-04-23 10:26:48 UTC ]
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Sharjah's 2019 World Book Capital concludes in a live stream from the UAE, after announcing grants from its new Access Sharjah incubator. The post Sharjah World Book Capital Holds a Closing Ceremony Online appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-04-22 13:51:20 UTC ]
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In ‘Human(Kind)’ Ashlee Eiland draws on her experiences as a black woman as well as her extensive Biblical knowledge to advocate for a radical kindness and unity that can appeal to people from all backgrounds and from across the aisle. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-17 04:00:00 UTC ]
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After weeks of credible speculation and reporting, LSC Communications announced clarity around its reorganization plans, which includes filing for Chapter 11 bankruptcy with the Southern District of New York. The company was left with few option after accumulating at least $893 million in... Continue reading at Folio Magazine
[ Folio Magazine | 2020-04-13 15:00:01 UTC ]
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Jean-Marie Gustave Le Clézio, French author and laureate of the 2008 Nobel Prize in Literature, is commonly known as J.M.G. Le Clézio, an abbreviation he rather fancies. His numerous works complement his life’s many journeys, reflecting the injustice and beauty of near and far-away lands. He has... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-13 08:48:38 UTC ]
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The Sheikh Zayed Book Awards, among the most esteemed and lucrative literary prizes in the Arab world, recognized winners across seven categories today. This year marks the 14th edition of the awards, each of which comes with a cash prize of $204,000. These awards acknowledge literary and... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-08 15:14:35 UTC ]
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In a virtual meet-up, "Almost Home" author Fanny Singer and mother and famed chef Alice Waters join book club readers April 21 for a kitchen conversation. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-04-07 20:33:16 UTC ]
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Why BODY TALK is more relevant than ever: a look a the cover and description of BODY TALK, the third anthology edited by Kelly Jensen. Continue reading at Book Riot
[ Book Riot | 2020-04-06 10:33:57 UTC ]
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In ‘The Fixed Stars’ (Abrams), Wizenberg, who first gained prominence as the food blogger behind ‘Orangette,’ charts new territory, professionally and personally. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
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In light of the coronavirus outbreak and the government's advice regarding social distancing, many publications are being postponed until the new year, to prevent authors missing out on crucial face-to-face promotion. Continue reading at The Bookseller
[ The Bookseller | 2020-04-03 00:23:37 UTC ]
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Several publishers have begun announcing their pay cuts and furlough plans as ad revenue continues drying up. Seeing patterns from previous recessions, former media execs explain why these cost controls are only temporary fixes. The post ‘Everyone feels the pain’: Major digital publishers enact... Continue reading at Digiday
[ Digiday | 2020-03-31 04:01:00 UTC ]
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Audible is to publish audio exclusive title, Animal Societies: How Co-Operation Conquered the Natural World, by Professor Ashley Ward. Continue reading at The Bookseller
[ The Bookseller | 2020-03-27 12:27:09 UTC ]
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At Informa, parent company of Taylor & Francis, top bosses are to take salary cuts "through the current period of uncertainty created by Covid-19", the company has announced. Continue reading at The Bookseller
[ The Bookseller | 2020-03-27 06:47:25 UTC ]
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Guengerich, a senior minister at New York City’s Unitarian Church of All Souls, sets out to create a modern template for spirituality based on gratitude in 'The Way of Gratitude: A New Spirituality for Today' (Random House, June). Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-20 04:00:00 UTC ]
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The impact of the coronavirus has seen the Booksellers Association issue a rallying cry to the trade, as many publishers enforce home working to safeguard staff. Continue reading at The Bookseller
[ The Bookseller | 2020-03-19 23:39:55 UTC ]
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Bookshop.org, an alternative to Amazon that shares proceeds from book sales with independent bookstores, will give more money to those stores in response to the coronavirus pandemic and its impact on small businesses. Bookshop announced today that it would increase bookstore partners’ affiliate... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-18 15:09:12 UTC ]
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The creators of Humanoids’ new graphic novel ‘Omni: The Doctor Is In’, a hybrid medical mystery/paranormal thriller, talk with PW about creating a contemporary black female genius superhero. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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Three prominent bookstores, McNally Jackson in New York City, Powell's Books in Portland, Ore., and Busboys and Poets in Washington, D.C., have together laid off more than 600 employees as a result of the coronavirus crisis. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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PW talks to comics writer Mark Russell about his controversial graphic novel 'Second Coming' (with art by Richard Pace), the story of Jesus Christ returning to earth, this time with Earth's mightiest superhero as his roommate. The trade paperback collection was published this month by Ahoy Comics. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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Three prominent bookstores, McNally Jackson in New York City, Powell's Books in Portland, Ore., and Busboys and Poets in Washington, D.C., have together laid off more than 600 employees as a result of the coronavirus crisis. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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