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.
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.
June 25, 1995 |
Jeffrey Meyers' latest subject represents previously uncharted territory. Unlike D.H. Lawrence, F. Scott Fitzgerald and Ernest Hemingway, whose charismatic and overly documented lives he mined for untapped lodes of melodramatic revelation, Edmund Wilson, on the surface, seems not heroic enough to inspire a full-fledged study by this prolific biographer. Wilson was a soft-bodied, baldish man whose writing career began unprepossessingly.