Notable Mergers and Acquisitions of the Day 05/02: (NWSA) (BRK-A) (DFZ) (CETV)
* News Corp (Nasdaq: NWSA) agreed to acquire Harlequin Enterprises from Torstar Corporation. Harlequin will become a division of HarperCollins Publishers, a News Corp subsidiary.
Harlequin (www.Harlequin.com) will remain headquartered in Toronto, as will the offices of HarperCollins Canada.
Harlequin is one of the world’s leading publishers of women’s fiction, with titles issued worldwide in 34 languages and sold in over 100 international markets. The acquisition will extend HarperCollins’ global platform, particularly in Europe and Asia Pacific, helping to fuel its international growth strategy. The deal will complement HarperCollins’ current business by expanding a key content vertical. It will also accelerate