TITLE

Reader's Digest Acquired; Changes Not Likely in Book Group Strategy

PUB. DATE
November 2006
SOURCE
Book Publishing Report;11/20/2006, Vol. 31 Issue 45, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the acquisition of Reader's Digest Inc. by an investment group headed by the equity firm Ripplewood Holdings LLC in New York. It is stated that $17 has been offered by the group for each of the close to 95 million shares of Reader's Digest. Information regarding the financial performance and operations of Reader's Digest is discussed.
ACCESSION #
23185919

 

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