Pearson Picks Up Some Cash Pearson sold its Government Solutions unit to Veritas Capital for $560 million, plus $40 million in preferred stock and a continuing 10 percent share in the business, the WSJ reports (following an initial report in the FT). Pearson says they will use the proceeds to pay off debt and fund […]
Archives for December 2006
Lunch Weekly for Monday, December 11
Deal Reports Just e-mail to deals@PublishersMarketplace if you aren’t using the online form linked below. Report a deal using the online form The Key As usual, the handy key to our Lunch deal categories. While all reports are always welcome, those that include a category will generally receive a higher listing when it comes time […]
Lunch for Friday, December 8
January 2007 Book Sense and More The ABA has announced their January picks, and posted a variety of Book Sense bestseller lists for 2006. January 1. SACRED GAMES: A Novel, by Vikram Chandra RETURNING TO EARTH: A Novel, by Jim Harrison SILENT IN THE GRAVE, by Deanna Raybourn KOCKROACH: A Novel, by Tyler Knox THE […]
Lunch for Thursday, December 7
Iraq Reports and More The Iraq Report garnered the expected news coverage and the AP says Vintage is “already in a second printing” though the house did not provide numbers. But with a strict on-sale window of noon yesterday, physical books were scarce in the city where demand may have been the most intense, Washington, […]
Lunch for Wednesday, December 6
Microsoft Book Beta Live Microsoft launches the beta version of its online book search feature today. Once the beta period is over, planned for about six months, Microsoft says they will incorporate book search results into their general search index. Google is also at work on putting their book search data into the general index, […]
Lunch for Tuesday, December 5
Personnel News Andrea Schulz has been promoted to editor-in-chief at Harcourt, overseeing hardcover acquisition for the adult list, and reporting to publisher Rebecca Saletan. At Scholastic, president of the eScholastic division Seth Radwell is taking the additional position of president of Scholastic at Home, the company’s “direct-to-home parent resource” that includes school continuity programs and […]