9th Oct 2006 12:00
Informa PLC09 October 2006 9 October 2006 Acquisition of LEA further strengthens US portfolio Informa plc, the leading global information specialist, announced today that itsAcademic & Scientific division has agreed to acquire, subject to the receipt ofregulatory clearances, Lawrence Erlbaum Associates, Inc., Publishers (LEA) ofNew Jersey for a consideration of $71 million (£38m). LEA which publishes more than 100 academic journal titles and 200 new books ayear under the imprints of Lawrence Erlbaum Associates and The Analytic Press iswell known for its extensive range of titles in the fields of behaviouralscience and education. Informa has annual sales in excess of £200million in the academic and scientificpublishing sector. LEA's sales for the year ended 31 December 2005 were $21m(£11.5m). Enquiries: Informa plc Tel: 020 7017 5000Peter Rigby, Chief ExecutiveDavid Gilbertson, Group Managing DirectorTony Foye, Finance DirectorSusanna Kempe, Chief Marketing Officer Financial Dynamics Tel: 020 7831 3113Charles Palmer / Darrel Connell This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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