Tuesday, March 27, 2007

Former Houghton Mifflin owners bid for Thomson unit

(Reuters) - German media giant Bertelsmann is considering teaming up with that bidding group, according to a separate source. Reuters reported last week that Bertelsmann was mulling an offer with private equity for the unit, but did not identify the firms.

Apax Partners and Warburg Pincus are also involved in the auction, sources said, with the two buyout firms bidding separately for the unit.


Read more at Reuters.com Business News

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