Ingram to acquire Legato, distributor of Tachyon Publications
Shelf Awareness ran this bit of news today:
In a three-way transaction, Hachette Group is buying Perseus Books Group and will retain Perseus’s publishing operations but sell its distribution companies to Ingram Content Group. The deal is expected to close after regulatory approval of the Hachette-Perseus transaction is received, as soon as the end of July.
Tachyon’s distributor, Legato Publishers Group, is a member of the Perseus family, which by the end of July will be a part of Ingram.
Jacob Weisman, Tachyon publisher, responded to the news. "We welcome this exciting opportunity for Tachyon and Legato to partner with Ingram.“
For more on the Perseus transaction, visit Shelf Awareness.