---
schema_version: "secwatch.filing_event.v1"
accession: "0000107140-26-000034"
form_type: "8-K"
ticker: "WLY"
cik: "0000107140"
company_name: "JOHN WILEY & SONS, INC."
filed_at: "2026-06-02T12:30:39+00:00"
generated_at: "2026-06-02T12:36:07.992937+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Wiley acquires Emerald Publishing for $452M; adds ~500 journals, expected accretive in year one

## Summary
- Purchase price of £337.5M (~$452M) all-cash; funded from cash on hand.
- Emerald generates >$85M revenue, 92% recurring, mid-single-digit growth.
- Expected accretive to adjusted EPS in year one; ~7x EV/EBITDA including ~$30M cost synergies by year three.
- Journal portfolio expands to ~2,500 titles; leadership in social sciences, economics, and business.
- Meaningful cost synergy realization expected by year two.

## SEC filing metadata
- accession: 0000107140-26-000034
- form_type: 8-K
- ticker: WLY
- cik: 0000107140
- company_name: JOHN WILEY & SONS, INC.
- filed_at: 2026-06-02T12:30:39+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/107140/000010714026000034/0000107140-26-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/107140/000010714026000034/jwa-20260601.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000107140-26-000034
- JSON: https://secwatch.observer/filing/0000107140-26-000034.json
- Plain text: https://secwatch.observer/filing/0000107140-26-000034.txt

## Source-grounded claims
- claim_id: 756c3e9f14304343796c10d78d33945c9724deb2
  claim: JOHN WILEY & SONS, INC. completed an acquisition involving CIG Emerald Midco LLC for GBP £337.5 million (approximately $452 million) (closed 2026-06-01).
  evidence_excerpt: pursuant to which Buyer acquired from the Seller all of the issued and outstanding equity securities of Emerald Holding (the "Transaction") in exchange for GBP £337.5 million (approximately $452 million)
  evidence_url: https://www.sec.gov/Archives/edgar/data/107140/000010714026000034/0000107140-26-000034-index.htm
- claim_id: 1cbb7b86c52a68ea5a427a315147aac2493b5818
  claim: JOHN WILEY & SONS, INC. entered into Purchase Agreement with CIG Emerald Midco LLC valued at GBP £337.5 million (approximately $452 million) (effective 2026-06-01).
  evidence_excerpt: entered into an Equity Purchase Agreement (the "Purchase Agreement") with CIG Emerald Midco LLC, a Delaware limited liability company (the "Seller"), and CIG Emerald Holding LLC, a Delaware limited liability company ("Emerald Holding"), pursuant to which Buyer acquired from the Seller all of the issued and outstanding equity securities of Emerald Holding (the "Transaction") in exchange for GBP £337.5 million (approximately $452 million)
  evidence_url: https://www.sec.gov/Archives/edgar/data/107140/000010714026000034/0000107140-26-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.