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« Audiobooks and Storytelling | Main | Audiobooks and Cats »
Tuesday
Feb112014

Recorded Books Sold 

Audiobook Giant Recorded Books Sold To Private Equity Firm

Recorded Books, one of the industry leaders in the audiobook market and a major supplier of the audiobooks, ebooks, and other electronic content to libraries, has been purchased by the private investment firm Wasserstein & Co., LP. The company was sold by Haights Cross Communications, which has owned it since 1999. Terms of the sale were not disclosed.

See Full Story from Library Journal.