Rupert Muroch’s News Corp said Monday it will acquire the Books & Media segment of Houghton Mifflin Harcourt for $349 million in cash and merge it with HarperCollins amid ongoing consolidation in the book publishing business. HMH Books & Media has an extensive backlist, “a sustainable and growing source of revenues, high margins and cash […]
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Monday 29 March 2021
News Corp. To Buy Houghton Mifflin Harcourt Division For $349 Million
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