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7THOMSON CORP. PURCHASES GREENHAVEN PRESS AND LUCENT BOOKS.


The Thomson Corp. (Toronto, ON) has acquired Greenhaven Press (San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , CA) and subsidiary Lucent Books, privately-held book publishers of social science and other non-fiction series for middle and high school students. No terms were given.

While separate legal entities, the two companies are managed as a single operation under the name Greenhaven. Established in 1970, Greenhaven publishes literary and current events series while Lucent focuses on the biography, world history and topics overview segments. Together, they publish 900 print works a factory where cloth, as calico, is printed.

See also: Print
 in 40 series for the academic and library markets.

Greenhaven will become a part of the Gale Group See Thomson Gale. , a business unit within Thomson's Scientific, Reference & Healthcare market group. Thomson said that the acquisition provides "significant added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs
 to our current customer base and allows us to further expand into new markets."
COPYRIGHT 2000 JK Publishing, Inc
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Thomson Corp. (Toronto, Canada)
Comment:7THOMSON CORP. PURCHASES GREENHAVEN PRESS AND LUCENT BOOKS.(Thomson Corp. (Toronto, Canada))
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 22, 2000
Words:132
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