Private Equity & the Publishing Industry
Apax acquired Thomson Learning for over $7+ billion – nearly the same sale price as Chrysler! Pearson plc recently acquired eCollege for approximately $500 mln., despite Pearson’s strategic partnership with Blackboard, Inc., a direct competitor to eCollege. Additionally, this price reflects a value nearly equal to eight times revenue and 20 times EBITDA. I am… [Read more…]
June 4, 2007
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