The long, slow process of finding something to do with Springer Science continues, as the company’s private equity owner EQT restarts plans to sell or launch an IPO that they hope would value the academic publisher at as much as 4 billion euros, Bloomberg reports. EQT, according to the ever-reliable “people familiar with the matter” will “send documents to interested groups this month and potential buyers have received non-disclosure agreements.” Bertelsmann, which had expressed some interest in buying Springer last fall, now says in an email statement they won’t pursue the company after all. “For Bertelsmann, the area of business […]
