As we reported on Tuesday was said to be in the works, Perseus Books Group has now followed their deal to sell the company’s publishing imprints to Hachette Book Group with a second binding agreement to sell their distribution businesses — Perseus Distribution, PGW, Consortium, Legato, Constellation and their share in the Faber Factory by Constellation joint venture — to Ingram Content Group. The deal is expected to close at the end of March, at the same time as the HBG deal (though there is no indication of an expectation that Ingram’s purchase will require regulatory approval). ICG ceo John […]
