Mergers & Acquisitions

Readerlink has acquired the brand and assets of Dreamtivity from Retail Centric Marketing. A publisher of coloring and activity books plus arts and crafts products, Dreamtivity will become an imprint of Readerlink's Printers Row publishing division.

In a huge deal in the library and information publishing world, London-based Clarivate has agreed to acquire ProQuest, an acquisition expected to be completed later this year.

Elliott Management, which acquired Barnes & Noble in September 2019, has reached an agreement to buy the stationery retailer Paper Source. B&N CEO James Daunt will add oversight of Paper Source to his responsibilities.

RBmedia has acquired the audiobook publishing business of McGraw-Hill Professional in a deal that adds about 400 business books to the audio publisher's list, chief content officer Troy Juliar said.

Radish, a mobile reading app offering serialized bingeable genre fiction, has been acquired by Kakao Entertainment in a transaction valued at $440 million.

The second largest trade publisher in the U.S. has completed its acquisition of Houghton Mifflin Harcourt Books & Media, for $349 million.

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.

Ingram Content Group has reached a deal to sell its digital learning platform VitalSource to Francisco Partners.

The drama surrounding Foundry Literary + Media does not look to be ending anytime soon. The acrimonious split of the firm's former co-founders, which saw one principal file suit against the other in January, has now resulted in a legal response.

The Authors Guild is asking its membership and allies in the publishing industry to contact their senators to express support for the PRO Act, which would extend more collective bargaining power to freelance writers and authors.