ADDISON-WESLEY AGREES TO BE BOUGHT

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Bibliographic Details
Published in:Boston Globe (pre-1997 Fulltext) (Feb 16, 1988), p. 33
Main Author: Gilman, Hank
Published:
Boston Globe Media Partners, LLC
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100 1 |a Gilman, Hank 
245 1 |a ADDISON-WESLEY AGREES TO BE BOUGHT 
260 |b Boston Globe Media Partners, LLC  |c Feb 16, 1988 
513 |a NEWSPAPER 
520 3 |a   Under terms of the agreement, Addison-Wesley would merge with Pearson's educational and professional book publishing unit, Longman Holdings of White Plains, N.Y. The new company would be called Addison-Wesley Longman. Nevertheless, the merger agreement is subject to approval by two-thirds of the shareholders of Addison-Wesley's Class A and Class B stock. However, Addison-Wesley said it has granted proxies and options to Pearson that would ensure that at least 90 percent of the Class A holders and 32 percent of the Class B holders would approve the transaction. In London, a Pearson spokesman said negotiations with Addison-Wesley began last December. However, the diversified publishing giant has had its eye on Addison-Wesley for more than a decade, primarily because of Addison-Wesley's strength in engineering and computer science texts. 
773 0 |t Boston Globe (pre-1997 Fulltext)  |g (Feb 16, 1988), p. 33 
786 0 |d ProQuest  |t U.S. Northeast Newsstream 
856 4 1 |3 Citation/Abstract  |u https://www.proquest.com/docview/294365489/abstract/embedded/75I98GEZK8WCJMPQ?source=fedsrch 
856 4 0 |3 Full Text  |u https://www.proquest.com/docview/294365489/fulltext/embedded/75I98GEZK8WCJMPQ?source=fedsrch