Baker acquires Hendrickson's academic titles |
Written by Eric Tiansay |
Thursday, 26 August 2010 02:56 PM America/New_York |
Baker Publishing Group has signed a letter of intent to acquire approximately 300 existing and forthcoming academic titles from Hendrickson Publishers. The titles--some from authors previously published by Baker--will be folded into Baker Academic, company officials said. "We have long admired the academic publishing line that Hendrickson Publishers has built," Baker Publishing Group President Dwight Baker said. "I count it both a privilege and a responsibility to see these books transferred into our care. I am confident that our academic staff will be wise stewards-serving both authors and readers well-recognizing the investment of time, energy and resources these books represent." Hendrickson CEO Ray Hendrickson said the company's academic books have provided "a strong foundation" for 30 years. "Over the last few years, our business has expanded in new directions, and we have decided to focus our energies and resources on the areas in which we have developed particular expertise--primarily Bibles and Bible reference," Hendrickson said. The terms of the purchase were not disclosed. The companies plan for the transition of titles to be completed Oct. 1. |