Yesterday the Book Industry Study Group announced that executive director Len Vlahos will resign his position effective June 12th. Vlahos will join the senior management team of Tattered Cover bookstores in Denver, Colorado. He will eventually acquire a controlling interest of the bookstores from owner Joyce Meskis.
Denver, Colorado
The McGraw-Hill Companies today announced an agreement to sell its nine-station Broadcasting Group which it called a "non-strategic asset" to The E. W. Scripps Company for $212 million in cash.
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