Google acquires Frommer (travel assets of Wiley)

Companies in Relationship

Frommer/Wiley, Google

Deal Facts

Initial Announcement Date: 8/12

Consideration: $22 million in cash, $3.3 million of which will be held in escrow (Source: Wiley)

Google will acquire the travel assets of John Wiley & Sons Inc. for $22 million in cash, $3.3 million of which will be held in escrow related to standard commercial representations and warranties. The assets include all of interests in the Frommer's brand and WhatsonWhen brands.

CurrentStatus


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