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.