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The deal could be announced as early as Monday, the newspaper https://on.wsj.com/3ctZiY9 reported, without mentioning financial terms.
The sale of HMH Books & Media would add a portfolio of high-profile novels from authors such as George Orwell, Philip Roth and J.R.R. Tolkien to News Corp’s HarperCollins Publishers division, the report added.
News Corp and Boston-based Houghton Mifflin did not immediately respond to a Reuters request for a comment.
News Corp said on Thursday that it would acquire Los Angeles-based financial news firm Investor’s Business Daily (IBD) from O’Neil Capital Management Inc for $275 million.
