Wiley buys Blackwell

Sunday, 19 November 2006 Books+Publishing

John Wiley & Sons has entered into a ‘definitive agreement' to buy Blackwell Publishing, at a cost of £572 million (A$1.35 billion).The acquisition will significantly increase Wiley's share of the global professional publishing market.The local implications aren't yet known: ‘We've just learned about this major acquisition ourselves,' Wiley Australia MD...