John Wiley & Sons Inc. (JWA) said it entered into a definitive agreement to sell all of its travel assets, including all of its interests in the Frommer's brand, to Google Inc.(GOOG).
The company said that the proceeds from this sale, and others that may arise from the sale of other consumer assets, will be redeployed to support growth opportunities in Professional/Trade; Scientific, Technical, Medical, and Scholarly; and Global Education businesses.
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