Ownership Change Likely for Granta Owner of Granta Books and Granta Magazine Rea Hederman (who also owns the NY Review of Books) is contemplating retirement and talking to potential buyers for the properties. Granta Books publisher Gail Lynch tells PN, “He is looking either for a buyer or an investor. The ideal scenario would be to find another generous private individual who would buy the company from Rea and let it carry on as it is.” In 2004, the unit had sales of 2.3 million pounds, and profits of 168,000 pounds. The magazine says Bloomsbury and Macmillan are among those […]
