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How did that acquisition come about? It was 1977, I believe?
Oh, earlier than that, no?
Well, again, there you had an estate problem, I believe.
Everybody was bidding for Book-of-the-Month. And I think that once
again there was a case of their believing that we would indeed honor
our word in terms of letting them run themselves, but help them with
all the services that--you know, we knew a lot more about computers
and so on then they did. And it has worked out very well. And the
editors have been Book-of-the-Month Club editors. Obviously,
ultimately, there's going to be a Time editor just because the
original Book-of-the-Month Club editors will have aged, or would have
Did you ever get personally involved in the negotiations for it?
Anything you remember about that negotiation?
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