Bertelsmann to buy Columbia House

Article Abstract:

German media company Bertelsmann AG is purchasing Columbia House, a mail-order retailer of DVDs and music, in an effort to expand its music club business in the United States and Canada. Columbia House, which has struggled to keep its membership-based business viable amidst competition from online companies, was sold by Time Warner Inc. and Sony Corp. to Blackstone Group in 2002.

Investment Banking and Securities Dealing, Acquisitions & mergers, Foreign operations, Investment Banking, Management dynamics, Mail Order Houses, Electronic Shopping and Mail-Order Houses, Entertainers & entertainment groups, Catalog and mail-order houses, Security brokers and dealers, Printing & Publishing, Planning, Mergers, acquisitions and divestments, Investment banks, Company acquisition/merger, Mail-order industry, Mail order business, Music industry, Bertelsmann AG, Company business management, Columbia House, Company business planning, Clubs, Clubs (Associations), Blackstone Group L.P., BMG Direct

---

Controversial German bank outlines plans for breakup

Article Abstract:

Bankgesellschaft Berlin AG intends to split itself into three smaller units and sell some of its real-estate operations. The article includes an interview with Wolfgang Rupf, head of the bank's management board.

Commercial Banks, Commercial Banking, Organizational history, Banking industry, Interview, Bankgesellschaft Berlin AG, Rupf, Wolfgang

---

Fischer Turns the Page

Article Abstract:

S. Fischer Verlag has come to terms with the evolving German market.

S. Fischer Verlag

Similar abstracts:

• Abstracts: Bertelsmann CEO confirms plan to buy a big music company. Bertelsmann seeks business duet with EMI. Bertelsmann studies Sony and net moves
• Abstracts: Deutsche Bank AG to buy Bankers Trust in $9.5 billion deal. Deutsche Bank targets France for expansion
• Abstracts: Net bubble broke records, rules and bank accounts. Brokers' legal woes can strand investors. Margin investors endure tough action by brokers
• Abstracts: Top fund managers weather the storms. Bank of Scotland plans to purchase Ireland's ICC Bank. Manager's Goodbye May Shift a Fund Out of a Good Buy
• Abstracts: P&O attracts buyout overture amid shipping-industry boom. Business on the high seas. P&O will acquire festival, operator of 4 cruise ships

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.