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June 17, 2010By Michael Cader

More Details on Thomas Nelson Sale

June 17, 2010By Michael Cader

Dow Jones says that regulatory filings from when Thomas Nelson was first taken private in 2006 indicate that InterMedia Partners borrowed up to $292 million from Credit Suisse to finance the $473 million purchase. The wire service says that InterMedia has retained a minority interest in the publisher after selling a majority stake to Kohlberg & Co. Thomas Nelson spokesperson Lindsey Nobles “said the deal would make Thomas Nelson a more aggressive acquirer of other companies.”

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Filed Under: Finance

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