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Industry: Email Alert RSS FeedBBC acquires Lonely Planet
M2 Best Books, Oct 1, 2007
M2 BEST BOOKS-(C)2000-2007 M2 COMMUNICATIONS LTD
Australia based travel book publisher Lonely Planet has been acquired by the BBC.
According to The Herald Sun, BBC Worldwide has issued a statement confirming that it aims to build the Lonely Planet franchise around the world.
A 25% holding in the company will be retained by its founders Tony and Maureen Wheeler.
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Financial terms of the deal were not disclosed.
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