Amazon Offers to Acquire Audible This morning Amazon announced it is offering to acquire Audible, valuing the company at approximately $300 million. Amazon is offering $11.5 a share, a 23 percent premium over yesterday’s closing price (though substantially lower than the company’s 2007 high point of $14 a share). The transaction is expected to close […]
Archives for January 2008
Lunch for Wednesday, January 30
Oprah Picks Tolle Oprah Winfrey has gone back to inspirational nonfiction but stayed with men, selecting Eckhart Tolle’s A NEW EARTH: Awakening to Your Life’s Purpose as her latest Book Club selection. 13 Arrested in Plot Against Pamuk The Guardian reports: “Thirteen people have been arrested in Turkey as part of an investigation into an […]
Lunch for Tuesday, January 29
Recorded Books for Sale — Along with All of Haights Cross Following a “comprehensive strategic review,” Haights Cross Communications has decided to sell off all of its assets — including Recorded Books, which publishes unabridged audiobooks for libraries, schools, and consumers. For the first three quarters of the fiscal year, as of the end of […]
Lunch for Monday, January 28
That Didn’t Take Long: News Corp. Settles Who knows why they didn’t pay her earlier, but News Corp. has paid Judith Regan now — an undisclosed amount, of course — and stated, “After carefully considering the matter, we accept Ms. Regan’s position that she did not say anything that was anti-Semitic in nature, and further […]
Lunch Weekly for Monday, January 28
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, January 25
DOJ Sets Conditions for Pearson Harcourt Purchase The Department of Justice officially filed an antitrust lawsuit against Pearson’s proposed purchase of Harcourt Assessment, and at the same time the department has filed a proposed settlement. It wants Pearson to sell off Harcourt’s behavior assessment tests, its abnormal personality clinical test, and either the spoken and […]