The New York Times reports that
Bloomsbury Publishing P.L.C., the British publisher of the Harry Potter books, has announced that it will buy Walker Publishing Company, the small, well-regarded independent publisher based out of New York City, to expand its American presence in nonfiction. Walker will remail a separate division. The purchase price will be $6.5 million. Bloomsbury, the British publisher of the Harry Potter titles, has been on a roll lately with the release of Jonathan Strange & Mr. Norrell by Susanna Clarke and the Man Booker prize winning The Line of Beauty by Alan Hollinghurst.
