The E-Sylum:  Volume 5, Number 28, July 7, 2002, Article 2

KRAUSE PUBLICATIONS ACQUIRED

  Dick Johnson, John and Nancy Wilson, and Dave Bowers
  all sent links to newspaper articles discussing last week's
  sale of Krause Publications.

  "Cincinnati's F&W Publications will buy employee-owned
  Krause Publications, the Wisconsin-based company said
  this week.

  Krause will become a subsidiary of F&W Publications,
  which publishes Writer's Digest and other how-to magazines
  and books.   The pairing will complement Krause's focus on
  collectibles and hobbies, the company said.

  Roger Case, president of Krause Publications, said
  Wednesday the sale will result in few changes, and he
  expects Krause's employment will increase over time due to
  growth opportunities.  The transaction will create a publishing
  firm with about $200 million in annual revenues, about double
  the size of the individual companies, he said."

  http://enquirer.com/editions/2002/06/28/fin_f_w_to_purchase.html
  http://www.bizjournals.com/milwaukee/stories/2002/06/24/daily45.html
  http://www.jsonline.com/bym/News/jun02/55118.asp

  Dick Johnson adds: "I once visited the editorial offices of
  Writer's Digest in the 1950s.  It was in a big loft building in
  Cincinnati. I had written ahead for an appointment but hadn't
  received an answer.  I got in to see the editor and asked if he
  had received my letter.

 "No" he said, "we only open our mail one day a week!"

  Wayne Homren, Editor

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