July-August 2000, Vol. 1 Digest of Publishing News Wiley has purchased a majority share in Capstone Publishing Ltd. , an Oxford-based business publisher.
Capstone publishes a broad range of cutting-edge professional and business management titles.
Terms of the deal were not disclosed. IDG Books Worldwide Inc. Peterson's , a division of Thomson Learning, will add the ARCO publications to its current test-prep line, enhancing Peterson's current position as a leading provider of test preparation materials. HarperCollins will be handling order processing and billing for Scholastic 's trade book business beginning on June 24. Penguin Putnam will cease processing functions for Scholastic on June 23. Terms of the deal were not disclosed.