HarperCollins Buys Out Thomas Nelson: "HarperCollins Publishers today announced plans to take over Thomas Nelson.
A subsidiary of Rupert Murdoch's News Corp., HarperCollins said in a surprise statement that it had “entered into a definitive agreement to acquire Thomas Nelson, Inc. for an undisclosed sum.” The acquisition, which is expected to close by the end of the calendar year, is “subject to regulatory clearances and other customary closing conditions,” the company said."
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