book2book

  booktrade.info

Search Booktrade.info:  


Saturday 29th August

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

Neil Gaiman Reveals The Real Ending Terry Pratchett Wanted For The Shepherd's Crown
www.telegraph.co.uk

Wanted his unfinished work run over by a steamroller

No, that's not Cormac McCarthy on Twitter
www.ew.com

@cormacmccarthyw is not, in fact, run by McCarthy or anyone affiliated with him

WH Smith under fire for hospital prices
www.bbc.co.uk

Say it helps to pay higher rents and covering staff wages during longer opening hours

Tolkien's First Fantasy Story Published
europe.newsweek.com

Written in 1915 when he was 23 years old and studying at Oxford University

Audiobooks Now Available on TuneIn Premium
goodereader.com

Premium service for $8.99 per month gives access to 40,000 audiobooks

PubMatch, LBF Team Up
www.publishersweekly.com

The London Book Fair has teamed up with PubMatch to launch Global Rights 365@LBF

Account Sign-In

Most Popular Stories

  1. I Had A Baby And Cancer When I Worked At Amazon
  2. Fifty Shades publisher 'must set aside' $10m in royalties spat
  3. Novel Scarlett Johansson tried to ban to be published in UK
  4. Romanian City Offers Free Rides To People Reading On The Bus
  5. Audiobooks Now Available on TuneIn Premium
  6. PubMatch, LBF Team Up
  7. WH Smith under fire for hospital prices
  8. Secret Garden Colouring-in Book Sells 3m Copies In China
  9. Tolkien's First Fantasy Story Published
  10. Launch of The Girl in the Spider's Web resembles plot of a Stieg Larsson novel