News Corp Reports Second Quarter Results for Fiscal 2025

Reader’s Digest is publishing a unique issue this week, curating its most successful digital health content to create a special “Ultimate Health Guide” print issue. The “Ultimate Health Guide” is available on newsstands beginning this week. It will have a circulation of about 400,000 and a cover price of $4.99. The issue features a special report on the silent symptoms that signal a potentially serious health concern and how to identify them to reduce the medical risks. The issue also examines ways that readers can deal with common health problems, such as headaches, joint pain, insomnia and stomach problems. Click Read More below for more of the story.

Nordstrom, Inc. announced it has signed a definitive agreement under which Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V. will acquire all of the outstanding common shares of Nordstrom not already beneficially owned by the Nordstrom Family and Liverpool in an all-cash transaction valued at approximately $6.25 billion on an enterprise basis. Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the Company. Under the terms of the agreement, Nordstrom common shareholders will receive $24.25 in cash for each share of Nordstrom common stock they hold. The merger consideration represents a premium of approximately 42% to the Company's unaffected closing common stock price on March 18, 2024, the last trading day prior to media speculation regarding a potential transaction. In addition, the Board intends to authorize a special dividend of up to $0.25 per share (based on Nordstrom's cash on hand) immediately prior to and contingent on the close of the transaction. Upon completion of the transaction, Nordstrom will become a private company.

Global research and education leader Wiley announced the acquisition of J&J Editorial Services, LLC, a publishing services company based in the United States. The acquisition of J&J Editorial reinforces the company’s commitment to helping learned societies, professional associations and publishers achieve their missions. Founded in 2008 by Jennifer Deyton and Julie Nash, J&J Editorial provides expert offerings in editorial operations, production, copyediting, system support and consulting, allowing more than 120 clients to publish world-class titles that power the global knowledge ecosystem. Together, Wiley and J&J Editorial are better suited to help societies, associations and publishers manage change, deliver high-quality content, and provide vital service flexibility in a changing publishing landscape.