Wednesday, January 3, 2007

Mergers and Acquisitions

Serpent's Tail publishing has announced it has merged with Profile Books. The money quote from Serpent's Tail's Pete Aytron: " The concentration in the retail sector is making survival of small publishers more and more precarious. The acquisition of Serpent's Tail by Profile, a publishing house known for its idiosyncratic brilliance and consistent profitability, guarantees that Serpent's Tail remains within the independent sector."

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