engine - 3:52 pm on Aug 13, 2012 (gmt 0)
Google To Acquire Travel Assets, Frommers, From John Wiley & Sons [reuters.com]
John Wiley & Sons Inc announced that it intends to explore opportunities to sell a number of its consumer print and digital publishing assets in its Professional/Trade business as they no longer align with the Company`s long-term business strategy. Those assets include travel (including the well-known Frommer`s brand), culinary, general interest, nautical, pets, crafts, Webster`s New World, and CliffsNotes. On August 10, 2012, Wiley entered into a definitive agreement to sell all of its travel assets, including all of its interests in the Frommer's brand, to Google.