Tim, Out Don’t you hate it when you try to force a company to give up on a planned acquisition they worked hard on for eight months and sell one of their units to you instead, and they try to impose strict conditions on you? And then your primary backer “coincidentally” happens to pull their promised financing? That’s the world of Tim Waterstone, who continues his long losing streak of failed efforts to buy back the bookstore chain he founded. (Which is probably just as well — doesn’t Tim know that when you use private equity money for a purchase, […]
Archives for May 2006
Lunch for Monday, May 1
Finally, It’s Chinski Long expected to succeed Jonathan Glusman, Eric Chinski has now officially been named as the new editor-in-chief at Farrar, Straus. He has been an executive editor there since 2003. Publisher Jonathan Galassi says in the announcement: “Eric is one of the most imaginative and talented editors I’ve known in my time in publishing. He is also a natural leader who is temperamentally empathetic – a quality much appreciated by both his authors and his colleagues. All of us at FSG look forward to working closely with him for many years to come.” On Friday, Publishing Trends reported […]