Perseus Books deal welcomed.

This article reports on a business deal involving Perseus Books and Publishers Group West (PGW). British publishers have cautiously welcomed news of the Perseus Books Group rescue offer to clients of PGW. PGW is the distribution subsidiary of U.S. wholesaler Advanced Marketing Services, who filed fo...

Descripción completa

Detalles Bibliográficos
Publicado en:	Bookseller no. 5265; p. 6
Autor principal:	Tivnan, Tom
Formato:	Artículo
Publicado:	Bookseller Media Ltd 1/26/2007
Materias:	Perseus Books Group (Company) Publishers Group West (Company) Advanced Marketing Services Inc. Booksellers & bookselling Book industry Publishing & economics Subsidiary corporations Finance Mergers & acquisitions
Acceso en línea:	Ver este registro en EBSCOhost

Descripción
Sumario:	This article reports on a business deal involving Perseus Books and Publishers Group West (PGW). British publishers have cautiously welcomed news of the Perseus Books Group rescue offer to clients of PGW. PGW is the distribution subsidiary of U.S. wholesaler Advanced Marketing Services, who filed for Chapter 11 bankruptcy in December 2006. Perseus will pay PGW's clients 70% of what they are owed by PGW in exchange for taking over distribution.