As expected, the sale of the Perseus Books Group’s two business lines — its publishing divisions to Hachette Book Group and its distribution business to Ingram — officially closed (on Friday for HBG, and on Thursday for Ingram). First announced at the beginning of March (after a cancelled attempt in 2014), the deals make Perseus’ nine publishing imprints made into a “major new publishing division” of Hachette under longtime Perseus executive Susan Weinberg, now svp, publisher of Perseus Books and a member of HBG’s executive management board. Ingram, in turn, will combine the Perseus client service businesses, which have 600 publisher clients […]
