Mergers & Acquisitions

The Translation Database, founded in 2008 by Chad Post and featuring details on over 6,000 works in translation, will now be hosted on the 'Publishers Weekly' website.

Following Hearst's purchase of Rodale Inc. last week, the company quickly turned around and sold Rodale Books' more than 2,100 titles to Penguin Random House.

Barnes & Noble issued a statement Thursday afternoon saying it does not consider a proposal by Sandell Asset Management, to take the retailer private, a "bona fide" offer.

Looking to add a new fundraising facet to its crowdfunding platform, Kickstarter is launching Drip, a subscription service that will allow fans to provide recurring financial support directly to their favorite creators.

The Illinois book distributor to schools and libraries has sent a letter to creditors saying it can no longer meet its financial obligations and is in the process of liquidating its assets.

In moves that add scale and diversify its business, Red Wheel/Weiser has acquired Career Press and hired former Shambhala Publications publisher Peter Turner as associate publisher.

Hearst's purchase of Rodale comes about four months after the publisher put itself up for sale. While little has been shared how Rodale will be integrated into Hearst, it was stated that deal is set to close by early 2018.

The Seattle-based house, which was named one of PW’s fast-growing independent publishers of 2016, was bought by Penguin Random House for an undisclosed sum.

Webcrafters, one of the country's oldest printers, is to be acquired by the CJK Group, the holding company for a host of printing companies.

Baker & Taylor Publishers Services will offer distribution and other functions to children’s, trade, K‐12, higher education and academic publishers. To help lead the unit, B&T has hired distribution veteran Mark Suchomel as senior v-p of sales & client services.