HarperCollins Picks Up Religious-Book Publisher

Law360, San Diego (October 31, 2011, 5:43 PM EDT) -- News Corp. unit HarperCollins Publishers Inc. has agreed to take over a leading trade publisher of Christian works for an undisclosed amount, it said Monday.

New York-based HarperCollins said it had signed a definitive agreement to acquire Nashville, Tenn.-based Thomas Nelson Inc., which is the world’s top provider of Bibles, inspirational books and digital content distributed in more than 100 countries.

The transaction, which is subject to regulatory clearances and other closing conditions, is expected to be completed by the end of this year.

Thomas Nelson,...
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