book2book

  booktrade.info

Search Booktrade.info:  


Monday 30th March

Book2book Home Book Trade News Trade Announcements Bestseller Lists About Booktrade.info

Hodder To Buy Quercus

Posted at 7:55AM Tuesday 25 Mar 2014

Hachette UK and Quercus have reached agreement on the terms of a recommended cash offer to be made by Hodder (a wholly-owned subsidiary of Hachette UK) for the entire issued and to be issued share capital of Quercus (the "Offer").

· Under the terms of the Offer, Quercus Shareholders will be entitled to receive 60 pence in cash for each Quercus Share (the "Offer Price").

· The Offer values the entire issued and to be issued share capital of Quercus on a fully diluted basis at approximately £12.6 million

· The Offer is proposed to be implemented by way of a takeover offer within the meaning of Part 28 of the Companies Act 2006 (the "Act").

· The cash consideration payable by Hodder under the Offer will be funded out of the cash resources under the direct control of the Hachette UK Holdings Group.

trustnet.com

ifamagazine.com

PW

MobyLives




Get book trade news by email

Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now

Find out more


Search the news archive:
 






More Book Trade News

Irish revenues soar at WH Smith
www.independent.ie

But the sharp jump in revenues did not translate into higher pre-tax profits.

Walter Scott Prize 2015 – The Shortlist
www.nudge-book.com

The shortlist for the £30,000 Walter Scott Prize for Historical Fiction 2015 has been announced

Paleo baby food blogger Charlotte Carr making money doing voiceovers on fast food adverts
www.heraldsun.com.au

Moonlighting as the smooth talker behind fast-food favourites KFC, Coca-Cola and Cadbury's

Authors: end to censored versions of books is 'victory for the world of dirt'
www.theguardian.com

Clean Reader app, which changes swear words and so-called offensive terms, removes all titles from online catalogue after writers protest

James Herriot Statue Unveiled In Thirsk
www.bbc.co.uk

A life-size statue of a Alf Wight, better known by his pen name James Herriot, has been installed in a North Yorkshire market town

Dickens' Desk Saved For Public Display Thanks To Grant
www.bbc.co.uk

The desk where Charles Dickens wrote Great Expectations is finally on public display thanks to a £780,000 grant

Account Sign-In

Most Popular Stories

  1. Paleo baby food blogger Charlotte Carr making money doing voiceovers on fast food adverts
  2. Fixing Prices at IPA
  3. New Class Action Suit Filed Against Penguin Random House, Author Solutions
  4. Authors: end to censored versions of books is 'victory for the world of dirt'
  5. James Herriot Statue Unveiled In Thirsk
  6. Stieg Larsson's Partner Hits Out At Plans To Publish Girl With The Dragon Tattoo Sequel
  7. EU Launching a EU-Wide Single Digital Market?
  8. Amazon Is Experimenting With Selling Digital Content In Bulk
  9. Poisoned Pen To Bring Back Golden Age British Library Mysteries
  10. Dickens' Desk Saved For Public Display Thanks To Grant