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Houghton moves Harcourt out
The name Harcourt, which for years gave San Diego a toehold in the book publishing world, will disappear from the region by 30th June, reports the San Diego press. The new owners of locally based Harcourt Trade Publications will close the adult and children's book publishing division here by midyear, laying off 65 workers.
Last month, Houghton Mifflin purchased Harcourt Trade and Harcourt Education, based in Orlando, Fla., from Anglo-Dutch giant Reed Elsevier for $4bn. Harcourt Trade operations in San Diego are being moved to Houghton offices in New York and Boston, said Peter Kojalo, director of communications for the publisher, which is now named Houghton Mifflin Harcourt.
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