Lagardère Acquisition Of TWBG Brings Global Book Biz To $2.5 Billion

February 2006
Book Publishing Report;2/13/2006, Vol. 31 Issue 6, p1
Trade Publication
The article reports on the acquisition of Time Warner Book Group Inc. by Lagardère SCA in the U.S. The acquisition has earned Lagardère a combined revenue from trade and educational book publishing worldwide. Time Warner has been planning to sell its book publishing arm for years, which was fueled at present by a proposal to split-up the company by one of its shareholders.


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