From: Scott Stangroom <[log in to unmask]>
Date: Wed, 19 Jun 2013 11:05:56 -0400
My guess is the private equity firm will become overleveraged and then
bail once they've taken their plunder from Springer. Among other
things, it looks like they're counting on, quote: "high-growth areas
such as open access publishing", for future profit. Talk about
putting lipstick on a pig.
Scott Stangroom
Acquisitions Coordinator
University of Massachusetts, Amherst
W.E.B. Du Bois Library
Acquisitions Dept.
Amherst, MA 01003-9275
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-----Original Message-----
From: Ann Shumelda Okerson <[log in to unmask]>
Date: Wed, 19 Jun 2013 08:11:12 -0400
See the newest about Springer, 3.3B euros - headed not to an IPO but
to a private equity firm:
http://www.reuters.com/article/2013/06/19/springerscience-sale-idUSL5N0EV0Q720130619http://www.bloomberg.com/news/2013-06-19/bc-partners-to-buy-springer-science-for-4-4-billion.html
Any tea leaves to be read here? What might one expect form the "new"
Springer?
Ann