M&A Deal Summary

The Reader s Digest Association Acquires Joshua Morris Publishing

On May 24, 1991, The Reader s Digest Association acquired publishing company Joshua Morris Publishing

Acquisition Highlights
  • This is The Reader s Digest Association’s 1st transaction in the Publishing sector.
  • This is The Reader s Digest Association’s 1st transaction in the United States.
  • This is The Reader s Digest Association’s 1st transaction in Connecticut.

M&A Deal Summary
Date 1991-05-24
Target Joshua Morris Publishing
Sector Publishing
Buyer(s) The Reader s Digest Association
Deal Type Add-on Acquisition

Target

Joshua Morris Publishing

Wilton, Connecticut, United States
Joshua Morris Publishing Inc. is a children's book publisher.

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Buyer(S) 1

Buyer

The Reader s Digest Association

White Plains, New York, United States
Category Company
Founded 1922
Sector Publishing
Employees4,700
Revenue 2.4B USD (2006)
DESCRIPTION

Reader's Digest creates and delivers products and content for books, magazines, recorded music collections, DVD and video, and websites. The company sells its products in more than 70 countries and its magazines reach well over 100 million readers globally.

DEAL STATS #
Overall 1 of 4
Sector (Publishing) 1 of 3
Type (Add-on Acquisition) 1 of 4
State (Connecticut) 1 of 1
Country (United States) 1 of 4
Year (1991) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-03-21 Reiman Publications

United States

Buy $760M
Mergr

Product

Company

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