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Penguin Random House sells Author Solutions

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Penguin Random House sells Author Solutions

Jan 06 2016

Penguin Random House has sold its self-publishing division Author Solutions to an affiliate of Najafi Companies, an international private investment firm that in 2011 had emerged as a potential buyer of Borders Group before withdrawing its bid and from 2008 to 2013, controlled Book-of-the-Month Club, Doubleday Book Clubs and Columbia House.

Source: Shelf Awareness

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