HarperCollins announced Monday afternoon it “has entered into a definitive agreement to acquire Thomas Nelson for an undisclosed sum.” (The deal is of sufficient scale that the purchase amount will be disclosed in a quarterly report from Harper parent News Corp. after it is finalized.) The acquisition is expected to close by the end of the calendar year, and combining Nelson with Harper’s Zondervan unit would create a sizeable Christian publishing division. Harper ceo Brian Murray says in the release, “HarperCollins’ global print and digital publishing platform, which includes e-book distribution into more than 175 markets, print-on-demand, digital-to-print at retail, […]
