Posted: 投稿者： Wocca (748) 投稿日時： 水, 2007-10-03 03:10 | 件名: BBC Buys Lonely Planet

Lonely Planet has been purchased by BBC Worldwide.

BBC apparently is looking to increase their visibility and “expand operations” in America and Australia, so purchasing Lonely Planet - based in Australia and wildly popular in the United States - fits right into that plan. The Wheelers and John Singleton, who collectively owned the company, will retain a 25% share of the new entity.

The deal was first reported to be for an “undisclosed sum,” but the Australian Broadcasting Corporation (ABC) is now saying the sale price was $250 million.

http://www.bootblog.org/07-10/bbc-buys-lonely-planet.html

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WOCCA WRITES:

” … The Wheelers and John Singleton, who collectively owned the company, will retain a 25% share of the new entity…”

Well done, guys !!!

Tony Wheeler was born in Great Britain in 1946. His wife, Maureen was born in Northern Ireland.

Lonely Planet Publications was born in 1973 after the Wheelers joined the Asian ‘hippie trail’ of the early ’70s … and ended up penniless in Australia.

The ABC would have been referring to Australian currency when stating the figure of $250 million. Still, not a bad little retirement sum in anybody’s language.

By the way, Australian businessman/entrepreneur John Singleton was born in Sydney’s inner west in 1941. His first job, was a mail boy for the J Walter Thompson agency at the age of 17.

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