Advertisement
YOU ARE HERE: LAT HomeCollectionsHachette S A
IN THE NEWS

Hachette S A

FEATURED ARTICLES
BUSINESS
April 14, 1988 | GEORGE WHITE, Times Staff Writer
The French owner of the flashy Elle fashion magazine agreed Wednesday to pay $712 million to buy the company that publishes Woman's Day, Car & Driver and American Photographer. Paris-based Hachette would get the magazines owned by Diamandis Communications, a New York-based firm formed last year by a management-led buyout of CBS' magazine division. Hachette said the deal would make it the world's largest producer of magazines. "We're No.
ARTICLES BY DATE
BUSINESS
May 6, 1992 | From Times Staff and Wire Reports
Hachette Agrees to Merge With Matra: The French media group said it would merge with its sister company, Matra, a defense and transport group, creating a conglomerate with about 50,000 employees and $9.6 billion in revenue. The merger is part of a huge reorganization of the media and defense empire of French businessman Jean-Luc Lagardere, who is chairman of both companies and controls their holding company, MMB.
Advertisement
BUSINESS
May 6, 1992 | From Times Staff and Wire Reports
Hachette Agrees to Merge With Matra: The French media group said it would merge with its sister company, Matra, a defense and transport group, creating a conglomerate with about 50,000 employees and $9.6 billion in revenue. The merger is part of a huge reorganization of the media and defense empire of French businessman Jean-Luc Lagardere, who is chairman of both companies and controls their holding company, MMB.
BUSINESS
April 14, 1988 | NANCY RIVERA BROOKS, Times Staff Writer
From the Nice-Work-If-You-Can-Get-It Department: The deal struck Wednesday to sell several magazines to a French publisher translates into a whopping $303-million profit in six months. The purchase of Diamandis Communications and its magazines for $712 million by French magazine publisher Hachette comes only six months after the company was formed by the buyout of the magazine group from CBS.
BUSINESS
April 14, 1988 | GEORGE WHITE, Times Staff Writer
The French owner of the flashy Elle fashion magazine agreed Wednesday to pay $712 million to buy the company that publishes Woman's Day, Car & Driver and American Photographer. Paris-based Hachette would get the magazines owned by Diamandis Communications, a New York-based firm formed last year by a management-led buyout of CBS' magazine division. Hachette said the deal would make it the world's largest producer of magazines. "We're No.
BUSINESS
April 11, 1988 | Associated Press
French media giant Hachette SA reached an agreement to acquire Grolier Inc. for $448.6 million after sweetening its buyout offer for a second time. The companies announced a definitive merger agreement on Sunday and Grolier's board scheduled a meeting today to vote on the all-cash buyout proposal, which Hachette raised from its earlier $444-million cash buyout offer. Under the agreement, a subsidiary of Hachette, France's biggest publisher and the second-largest in Europe, would pay $24.
BUSINESS
April 14, 1988 | NANCY RIVERA BROOKS, Times Staff Writer
From the Nice-Work-If-You-Can-Get-It Department: The deal struck Wednesday to sell several magazines to a French publisher translates into a whopping $303-million profit in six months. The purchase of Diamandis Communications and its magazines for $712 million by French magazine publisher Hachette comes only six months after the company was formed by the buyout of the magazine group from CBS.
BUSINESS
March 24, 1988 | From Reuters
Grolier Inc., an encyclopedia and reference book company, Wednesday rejected a $415-million takeover bid by the French publisher Hachette SA as inadequate. Earlier this month, Hachette offered to buy Danbury, Conn.-based Grolier for $21 a share with hopes of becoming the world's third-largest publisher. On the New York Stock Exchange, Grolier stock closed Tuesday at $26.50 a share, up 12.5 cents. Analyst Peter Appert of Cyrus J. Lawrence Morgan Grenfell Inc.
BUSINESS
March 24, 1988 | From Reuters
Grolier Inc., an encyclopedia and reference book company, Wednesday rejected a $415-million takeover bid by the French publisher Hachette SA as inadequate. Earlier this month, Hachette offered to buy Danbury, Conn.-based Grolier for $21 a share with hopes of becoming the world's third-largest publisher. On the New York Stock Exchange, Grolier stock closed Tuesday at $26.50 a share, up 12.5 cents. Analyst Peter Appert of Cyrus J. Lawrence Morgan Grenfell Inc.
Los Angeles Times Articles
|