John_Wiley_and_Sons acquires Emerald_Publishing

Wiley (publisher)>>> acquired Emerald Group Publishing>>> from Cambridge Information Group>>> in an all-cash transaction valued at $452 million. This acquisition significantly expands Wiley (publisher)>>>'s journal portfolio to approximately 2,500 titles and strengthens its position in economics, business, finance, and social sciences. The deal is expected to be accretive to Wiley (publisher)>>>'s adjusted earnings per share in the first year and generate approximately $30 million in annual run-rate cost synergies by the third year. Emerald Group Publishing>>> is projected to generate over $85 million in revenue for its fiscal year ending December 31, 2026, with 92% recurring subscription revenue. The acquisition also deepens Wiley (publisher)>>>'s proprietary content for use in AI and data analytics, aligning with the growing demand for peer-reviewed research content.