Mergers & Acquisitions

PW Talks to Walter Mosley
October 20, 2020 at 1:00 am

Walter Mosley was given a Lifetime Achievement Award at this year's Bouchercon 2020. In an interview with 'PW,' Mosley touched on topics ranging from his career to the progress mystery organizations have made in addressing diversity concerns.

Fox News Is Launching a Book Line
October 7, 2020 at 1:00 am

Fox News has created Fox News Books and signed a three-book deal with HarperCollins, whose Broadside Books will oversee the imprint.

Rittenhouse Distributors Sold
October 7, 2020 at 1:00 am

The King of Prussia, Pa.–based health and medical content distributor was bought by private investors Kevin Ream and Jeff Villwock.

Qataris Enter Fight Over Lagardère’s Board
September 23, 2020 at 1:00 am

The three major shareholders of the parent company of Hachette Book Group—Vivendi, Amber Capital, and Qatar Capital—are now aligned in a push to control four of the nine seats on the company board.

Foundry's Co-Owners Launching New Companies
September 18, 2020 at 1:00 am

The co-founders of Foundry Literary + Media are launching new ventures. Yfat Reiss Gendell and Peter McGuigan, who started the full service firm 13 years ago, are amicably parting ways to create their own agencies: YRG Partners and Ultra Literary.

Private Equity Firm Agrees to Buy LSC
September 15, 2020 at 1:00 am

The private equity firm Atlas Holdings, with the support of a creditor group, has agreed to acquire LSC Communications in a deal that is expected to close before the end of the year.

Bertelsmann, HarperCollins Show Interest in S&S
September 2, 2020 at 1:00 am

In an interview with the 'Financial Times,' Thomas Rabe, chief executive at Penguin Random House's parent company, Bertelsmann, said he was interested in buying Simon & Schuster. Meanwhile, sources confirmed that, at a recent town hall meeting, HarperCollins CEO Brian Murray said HC was also looking into a deal for S&S.

LSC Auction Delayed Until September 9
September 2, 2020 at 1:00 am

The auction to acquire the assets of LSC Communications, which was to take place on September 3, has been postponed until September 9. Bids for the company have not yet been made public.

Hachette UK Buys Laurence King Publishing
September 2, 2020

Laurence King Publishing, the original publisher of adult coloring book queen Johanna Basford, has been acquired by fellow U.K.-based publisher Hachette UK in a deal signed August 31.