Lagardère Makes Its Move

Milliot, Jim
February 2006
Publishers Weekly;2/13/2006, Vol. 253 Issue 7, p4
Trade Publication
The article reports on the acquisition of Time Warner Book Group Inc. (TWBG) by the magazine publisher Lagardère SA. To further expand its book publishing business beyond Europe and to increase its book presence in the U.S., Lagardère has purchased TWBG. The company's purchase is not its first experience in the book market. It has acquired Grolier in the past. Speculation also abound that the company is planning to purchase Simon & Schuster.


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