Epic & Msn data
| Epic |
BMY |
| Time: |
16:35:02 |
| Mid Price: |
122.50 |
| Change Today: |
0.00
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| Change % Today: |
-0.00 |
| Fifty Two Week High: |
146.50 |
| Fifty Two Week Low: |
113.00 |
| Market Capital: |
90.26 |
Period & price data
| Period |
Price |
| Now: |
122.50 |
| 3 Months ago: |
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| 6 Months ago: |
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| 1 Year ago: |
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Bloomsbury Publishing is one of Europe's leading independent publishing houses with a reputation for a high quality management team and a portfolio of intellectual properties.
Bloomsbury to buy academic and professional publisher Tottel for £9.96 mln cash
Bloomsbury Publishing PLC (LSE: BMY) said it entered into an agreement to acquire independent UK and Ireland professional and academic title specialist Tottel Publishing Ltd for £9.96 million, to be renamed Bloomsbury Professional upon completion.
The acquisition is expected to be immediately earnings enhancing.
For the 12 months to end February 2009, Tottel generated revenue of £6.25 million and EBITDA of £1.19 million. The business was founded in 2004 and employs 27 people.
Bloomsbury has identified academic and professional publishing as a growing niche sector. The proposed acquisition of Tottel fulfils a strategic objective of Bloomsbury in pursuing opportunities in the academic and professional publishing market and follows from the acquisitions of Methuen, Berg Publishers, and The Arden Shakespeare and the set-up of Bloomsbury Academic.
Bloomsbury added it now has a solid platform in this sector and will continue to expand by exploring further strategic acquisitions.
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