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By Freddy SebastianScholastic said it agreed to acquire Cottage Door Press for $71 million in a bid to expand its position in the early childhood book market.Cottage Door generated about $45 million in net revenue for the 12 months ended May 31.Scholastic said the deal, which is expected to close b…
Scholastic agreed to acquire early childhood publisher Cottage Door Press for about $71 million, excluding Luna StoryTime toys spun off before closing. Closing is targeted by end-2026, subject to separation of Luna, consents, new licenses and approval by one seller’s shareholders.
Scholastic to Buy Cottage Door Press for About $71 Million >SCHL