Acquisitions in the publishing world

Jun 5, 2003 by

A proposed acquisition risks to create another monolithic publisher, trailing the heels of Elsevier Science. The two equity firms that acquired Kluwer Academic Publishers in January, Candover and Cinven, now want to buy BertelsmannSpringer. They intend to merge Kluwer and Springer. The Information Access Alliance, a group of six library organizations, is urging the U.S. Department of Justice to block the purchase. [ARL news release]

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