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Article: Hungry Minds to be Acquired by John Wiley.
- Article from:
- Business Wire
- Article date:
- August 13, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
NEW YORK--(BUSINESS WIRE)--Aug. 13, 2001
Hungry Minds, Inc. (Nasdaq: HMIN) announced today it has reached a definitive agreement to sell all of the outstanding shares of the company to John Wiley & Sons, Inc. for an aggregate consideration of $182.5MM.
Under terms of the agreement, John Wiley will make a $6.09 per share cash tender offer, for all of Hungry Minds' approximately 14.8 million outstanding shares plus the retirement of $92.5MM in outstanding debt as required by the Company's current forbearance agreement with its bank syndicate. The transaction is expected to finalize around mid-September, subject to ...
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Article: John Wiley & Sons, Inc. Reports 2nd Quarter ...
Business Wire;
December 3, 2001 ;
700+ words
... ... WIRE)--Dec. 3, 2001 John Wiley & Sons, Inc. (NYSE ... attributable to the addition of Hungry Minds, Inc., which was acquired ... year growth. Excluding Hungry Minds, revenues for the quarter ... since the acquisition of Hungry Minds approximately ten weeks ago ...
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