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December 19, 2008By Michael Cader

Cumberland's Remaining Assets; Sourcebooks' Growth Plans

December 19, 2008By Michael Cader

The Tennessean covers the folding of Cumberland House as Sourcebooks takes over rights to almost a hundred titles and absorbs three out of 20 employees. Sourcebooks owner Dominique Raccah tells the local Daily Herald “There’s a lot of opportunity in this market, but maybe I’m the only one who thinks that.” She adds, “We think this is a great environment for growth.” That paper says Raccah “has been in talks with three companies” about further acquisitions and is “also planning to hire three more employees, a salesperson in the Naperville office and acquisition editors in the company’s New York and […]

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Filed Under: Finance

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