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Lunch for Friday, June 25

June 25, 2004
By Michael Cader

Lagardere Confirms Interest in Hodder French media conglomerate Lagardere officially confirmed yesterday their interest in adding Hodder Headline to their Hachette unit (which includes Orion and Octopus in the UK). Dow Jones Newswires puts a higher estimate on the potential value of Hodder than we’ve seen elsewhere (by a matter of another $12 million to $25 million). DJN The Big Price Tag on Penguin UK’s Warehouse Troubles The cost of the warehouse mess at Penguin UK is now estimated at $35 million to $55 million, according to PN (and it still is not resolved yet). Managing director Tom Weldon has […]

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