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John Wiley takes over Blackwell Publishing
HOBOKEN John Wiley & Sons Inc., publisher of the "For Dummies" series of books, has completed its acquisition of England's Blackwell Publishing (Holdings) Ltd. for $1.12 billion, its biggest purchase ever.
Wiley named Senior Vice President Eric Swanson to head the new company and Blackwell Chief Executive Officer Rene Olivieri as its chief operating officer. Olivieri and Wiley Europe's chief operating officer, Stephen Smith, will lead the transition team merging Blackwell's global publishing with Wiley's medical, scientific and technical journals, academic books and encyclopedias.
The new company is the largest of Wiley's three businesses and will publish about 1,250 peer-reviewed journals, Wiley said in a press release.
Carol Fletcher
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