BBC Worldwide sells travel publisher Lonely Planet to NC2 Media at a loss of $119M

BBC Worldwide sells travel publisher Lonely Planet to NC2 Media at a loss of $119M

thenextweb.com
New BBC Worldwide has announced today that it has agreed to sell Lonely Planet, a website and publisher of travel guide books, to NC2 Media for £51.5 million ($77.8 million). The BBC will receive £41.2 million ($62.24 million) once the deal has been completed, followed by the remaining £10.3 million ($15.56...
BBC Worldwide sells travel publisher Lonely Planet to NC2 Media at a loss of $119M
                                       

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