July 17, 2007 |
Educational textbook publisher Houghton Mifflin Co. agreed to buy the remaining U.S. units of scientific and medical publisher Reed Elsevier for $4 billion in cash and stock, creating what could become the largest K-12 publisher in the country in terms of market share. The Boston-based division of Houghton Mifflin Riverdeep Group will pay $3.
September 5, 2001 |
Houghton Mifflin Co. is suing Jews for Jesus, accusing the evangelical group of infringing the company's copyright on its popular children's storybook character, Curious George. In a lawsuit filed in New York, Houghton, which was acquired this year by Vivendi Universal, Europe's biggest media company, asks a federal judge to bar Jews for Jesus from distributing in New York and Minneapolis a pamphlet bearing the likeness of the mischievous monkey.
July 10, 2001 |
Vivendi Universal, Europe's biggest media company, said it owns about 90% of Houghton Mifflin Co. following its offer of $1.7 million in cash and assumed debt of $500,000 for the U.S. educational publisher. The French company said on June 1 it would offer $60 a share, and take on assumed debt from the Boston-based textbook publisher.
June 7, 2001 |
Vivendi Universal, Europe's largest advertising company, said it sold its 9.9% stake in Havas Advertising to institutional investors for 453 million euros ($384 million). The company said the sale would generate a one-time profit of 113 million euros. Vivendi Universal sold its stake in the No. 5 advertising company to help fund its $2.2-billion acquisition of Houghton Mifflin Co.
June 2, 2001 |
Strengthening its presence in the U.S., Vivendi Universal, Europe's largest media company, agreed Friday to acquire Houghton Mifflin Co., one of the nation's last major independent book publishers, for $1.7 billion. The purchase of the world's fourth-largest educational publisher catapults Vivendi, which ranks fifth in the world in publishing, into the No. 2 spot after Pearson. The purchase is the latest U.S.
July 21, 1996 |
In the middle of an interview 35 years ago, just after he had broken through the comedic color barrier, Dick Gregory became frustrated with me, a white man who could never totally empathize with his experience: "You're not black 24 hours a day!" he blurted out. "No," I replied, "but if you give me a quarter, I'll let you rub my head for good luck anyway." Gregory stared at me for an instant, then broke out laughing.