John Wiley Offers $220M For Deltak To Bolster Education Biz

Law360, New York (October 2, 2012, 3:48 PM EDT) -- “For Dummies” book series publisher John Wiley & Sons Inc. will purchase online learning services provider Deltak.edu LLC for $220 million, the buyer said Tuesday, continuing a push to beef up its education business.

The companies did not give a financial breakdown. They said they expected the deal, which will lift Deltak ownership from Houston-based IT outsourcer Collegis Inc., to close by the end of the month.

With its pickup of Chicago-based Deltak, John Wiley said it would be able to speed up plans to grow...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.