Bankrupt Troll Communications Hopes for Bailout Through Acquisition by Larger Rival Scholastic

June 2003
Educational Marketer;6/9/2003, Vol. 34 Issue 16, p1
Trade Publication
Reports on the bankruptcy bailout strategy of Mahwah, New Jersey-based publishing company Troll Communications. Negotiations for the potential sale of part of Troll's business to rival company Scholastic; Bankruptcy proceedings; Projected resolution of the Scholastic deal in July 2003.


Related Articles

  • Scholastic Turns A Page In Book Fair Segment, Buys Troll's Unit.  // Educational Marketer;8/6/2001, Vol. 32 Issue 22, p6 

    Reports that Scholastic Inc. has acquired the school book fair unit of Troll Communications in 2001.

  • Troll Communications Going After Trade Market With New Distributor.  // Book Publishing Report;05/08/2000, Vol. 25 Issue 19, p3 

    Focuses on the expansion of children's publisher and book fair company Troll Communications in the United States trade market. Goal to recover from losses; Opportunity for the sale of books in the trade market.

  • Scholastic Completes Acquisition Of Troll's Book Club Business.  // Educational Marketer;7/14/2003, Vol. 34 Issue 20, p8 

    Reports that New York-based Scholastic Corp. has completed its acquisition of bankrupt Troll Communications LLC's book club operations, making it the undisputed leader of the multi-million dollar K-123 book club and fair business. Terms of the strategic acquisition; Benefit of the acquisition...

  • Troll to Close After Asset Sale. Milliot, Jim // Publishers Weekly;7/7/2003, Vol. 250 Issue 27, p15 

    Reports on the approval of a U.S. bankruptcy court on the sale of a majority of Troll Communications' inventory to Scholastic as of July 2003. Details of the bankruptcy filing of Troll; Comment from Troll chief executive officer Peter Bergen on the failure of the company to produce capital from...

  • Without A Harry Potter Book, Scholastic Needs New Magic In 2002.  // Educational Marketer;8/6/2001, Vol. 32 Issue 22, p9 

    Reports on the sales and revenue expectations of publisher Scholastic Inc. for 2002.

  • Financial Briefs...  // Educational Marketer;1/21/2002, Vol. 33 Issue 3, p7 

    Reports on the decrease in revenues of the New York-based educational publisher Scholastic.

  • Scholastic Education Benefiting from School Emphasis on Reading.  // Educational Marketer;10/13/2003, Vol. 34 Issue 29, p6 

    Reports on the benefit received by Scholastic Corp. from the school's emphasis on reading in the U.S. Statement of Margery Mayer, division president at Scholastic Corp.; Revenues in the education division; Emphasis on the improvement of reading skills.

  • Scholastic to publish Teletubbies tie-ins.  // Publishers Weekly;3/23/1998, Vol. 245 Issue 12, p16 

    Reports on the agreement reached by Scholastic to publish a series of books based on Teletubbies, the children's program produced by Itsy Bitsy Entertainment Company and Ragdoll Productions Ltd. Scholastic's plan to market a wide range of books and tie-in products.

  • Not known for its bestsellers, Scholastic is surprise success of `99.  // Book Publishing Report;01/03/2000, Vol. 25 Issue 1, p7 

    Reports on the success of publisher Scholastic Inc. in 1999. Entry of its eight books in the New York Times bestseller list; Revenues for the year.


Read the Article


Sign out of this library

Other Topics