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March 6, 2007 | From Bloomberg News
Random House Inc., the book publisher owned by Bertelsmann, agreed to buy a 90% stake in Virgin Books and signed Richard Branson to a five-book deal. Branson will retain a 10% stake in the London-based company through his Virgin Group Ltd., the companies said. His previous titles include an autobiography and a business book.
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BUSINESS
March 6, 2007 | From Bloomberg News
Random House Inc., the book publisher owned by Bertelsmann, agreed to buy a 90% stake in Virgin Books and signed Richard Branson to a five-book deal. Branson will retain a 10% stake in the London-based company through his Virgin Group Ltd., the companies said. His previous titles include an autobiography and a business book.
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