Thursday, June 28, 2012

Amazon Publishing likely to acquire Dorchester Publishing

At Digital Book World, Richard Curtis writes that Amazon is the "stalking horse" bidder to acquire Dorchester Publishing in an auction to be completed on August 15th. Amazon has committed to pay all outstanding back royalties owed to Dorchester's authors and agents as of May 31st if it wins the auction. Curtis writes that it's unlikely that any other company will outbid Amazon, given that Dorchester has been on the market for some time, without any real interest from buyers.
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