Open Access News

News from the open access movement


Tuesday, August 26, 2003

The U.S. Department of Justice has approved the Candover and Cinven acquisition of BertelsmannSpringer and its plan to merge the publisher with Kluwer Academic Publishers. This will create the world's second largest academic publisher, after Reed Elsevier. The European Union approved the plan in July, and US approval was the final obstacle. Library groups have opposed it on the ground that it will raise prices and limit competition. The deal will probably close on September 15. News coverage.