Monday, November 20, 2006

For you journal authors (especially scientists), Blackwell has been sold

This tidbit comes to us from The Financial Times.

Blackwell Publishing submits to John Wiley takeover

By Pan Kwan Yukand Mark Odell

Blackwell Publishing, which has been embroiled in a long-running feud between members of the controlling family, has agreed to be acquired by US publisher John Wiley & Sons for £572m in cash. The proposed deal is expected to net £100m for Nigel Blackwell, Blackwell Publishing's chairman and largest shareholder with a 45 per cent voting stake.

No comments: