BBC Worldwide Buys Travel Guide Company Lonely Planet
By Rafat Ali - Sun 30 Sep 2007 11:59 PM PST
From paidContent:UK: BBC Worldwide, the international commercial arm of BBC, has bought Lonely Planet, the travel information group founded in Australia in 1972, for an undisclosed sum. Founders Tony and Maureen Wheeler will retain a 25 percent share in the company...Besides the 500 odd guides it produces, the company also also produces and develops factual programming for international broadcasters through Lonely Planet Television and has a big presence online and on mobile. full details here.
Posted in: Countries, Australia/NZ, Europe, UK, Money, VC M&A
