Word: gutersloh
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Dates: during 1990-1999
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...sale makes Bertelsmann, based in Gutersloh, Germany, the leader in American publishing. It's just more evidence that in a world of global-media companies, assets don't care what address they call home. Bertelsmann, known for its hands-off reputation with its other U.S. publishing division, Bantam Doubleday Dell (BDD), will maintain the Random House name and keep the editorial operation independent. But the new two-volume division will get much greater leverage with agents, authors and booksellers...
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