Nature publisher to merge with the world’s second biggest science publisher | Science/AAAS | News
abernard102@gmail.com 2015-01-16
Summary:
"The London-based publisher of Nature and Scientific American, Macmillan Science and Education, announced today that it will merge with Berlin-based Springer Science+Business Media, one of the world’s largest science, technology, and medicine publishers. Together, the duo will generate an estimated $1.75 billion in annual sales and employ some 13,000 people.
The German Holtzbrinck Publishing Group, which owns Macmillan Science and Education, will own 53% of the new company. BC Partners, a private equity firm that owns Springer+Business Media, will hold the rest. In 2013, BC Partners bought Springer in a deal worth approximately $3.8 billion ..."