Kluwer-Springer merger to commerce in spring 2004.The announced merger of Springer springer a North American term commonly used to describe heifers close to term with their first calf. Science+Business Media (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ) and Kluwer Academic Publishers (KAP; Malden, MA), owned by private equity firms Cinven and Candover, will commence in the spring of 2004. Until then, both publishing groups will continue to operate as seperate companies and under their own names. The merger will create the second largest professional publisher in the fields of science Fields of science are widely-recognized categories of specialized expertise within science, and typically embody their own terminology and nomenclature. Natural sciences
Cinven and Candover purchased Kluwer Academic in January 2003 and completed the acquisition of BertelsmannSpringer in September of this year. Together, the companies will publish 1350 magazines and journals and 5000 books each year with annual revenues of about EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 880 million. KAP ceo Peter Hendricks said "we will especially profit from the Springer publishing group's extensive experience in the b2b segment and the practice-oriented professional books." |
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