Centre Lane's Perseus Books to sell distribution arm to Ingram
The Perseus Books Group, which is owned by Centre Lane Partners, agreed to sell its client services business to Ingram Content Group, a publishing industry services company based in Nashville, Tennessee. Perseus' client services business offers distribution services to independent publishers. On Tuesday, Perseus announced it was selling its publishing arm to Hachette Book Group. Financial terms of both deals were not disclosed.
4 March 2016•4 mins read
