JOHN WILEY & SONS: Wiley's acquisition of Jossey-Bass completed.

0 Comments | M2 Presswire, June, 1999

M2 PRESSWIRE-18 June 1999-JOHN WILEY & SONS: Wiley's acquisition of Jossey-Bass completed (C)1994-99 M2 COMMUNICATIONS LTD RDATE:170699 New York, NY -- John Wiley & Sons, Inc. (NYSE:JWa) (NYSE:JWb), today announced that it has completed the acquisition of the San Francisco-based publisher Jossey-Bass from Pearson.

The deal, which was subject to Hart-Scott-Rodino review, was first announced by Wiley on May 24, 1999. The purchase price was approximately $82 million in cash. Jossey-Bass, which was founded in 1967, is a publisher of books and journals for professionals and executives, primarily in the areas of business, psychology, and education/health management. Jossey-Bass has important publishing relationships with the Peter F. Drucker Foundation, the...