NEW YORK — A "considerable number" of companies have expressed interest in Harper & Row Publishers Inc., which has been investigating its options following a pair of unsolicited takeover bids, the company said Monday.
Winthrop Knowlton, a Harper director and head of a special committee appointed March 13 to examine the company's alternatives, did not identify any of the companies.
Rival publisher Harcourt Brace Jovanovich Inc. has proposed $50 a share for Harper, topping an earlier $34-a-share bid from investor Theodore L. Cross.
In trading on the New York Stock Exchange, Harper closed up $4.50 a share, at $54.50.
In a brief statement, Harper said the special panel "has received expressions of interest from a considerable number of domestic and foreign firms with respect to restructuring or acquisition transactions with the company."