Skift

Wiley confirms Google paid $22 million for Frommer’s — even less than previously believed

John Wiley & Sons confirmed that Google paid $22 million in cash last summer for Wiley’s travel publishling business, including Frommer’s, Unofficial Guides, and WhatsonWhen. The transaction, which was effective August 31, 2012, is a tad less than the $23 million to $25 million that had been rumored in the days following the announcement. Of [...]