×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

Three publishers in swap of units

Published on .

In a complex three-way deal, McGraw-Hill Cos. acquired the higher-education group of Times Mirror Co. In exchange, TM will acquire McGraw-Hill's Shepard's legal publishing unit and contribute that asset to a new 50/50 partnership with Reed Elsevier. Times Mirror called the new joint venture "the first step in what is expected to be a broader strategic alliance" between TM's Matthew Bender and Reed Elsevier's Lexis-Nexis.

Most Popular
In this article: