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Springer sold to private equity firms Friday, 18 December 2009 3:29 pm

Posted by Dongmei in Uncategorized.
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In the information industry, merging and acquisition is so common, normally I don’t track them and are not interested in them at all.  But since Springer is the second largest STM (science, technology and medicine) publisher, I thought I’ll just post about it, I’m sure some would like to know about it :-).

The sale involves $146 million in case and the transfer of $3.22 billion of debt.

Read more on London Times or LJ.

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