Romance publisher Harlequin bought by News Corp.


News Corp. (NWS, NWSA) buys Harlequin Enterprises from Torstar Corporation for C$455M ($414M).

The romance publisher pushes out more than 110 titles a month.

The company plans to accelerate Harlequin's digital presence.

Execs with News Corp. expect a lift to earnings from the acquisition.

Comments (1)
  • Blackbeard
    , contributor
    Comments (119) | Send Message
     
    An excerpt from the next book (once NWS editorial control appears):
    She eagerly looked into his eyes, hoping those three words would cross his lips. A brief pause. She inhaled in anticipation as he stepped forward. Eyes still locked, the words came like a waterfall that had been denied freedom too long. "Lower capital gains"
    2 May 2014, 10:32 AM Reply Like
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