secwatch.observer — SEC 8-K summary
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Issuer:     JOHN WILEY & SONS, INC. (WLY)
CIK:        0000107140
Form:       8-K
Filed at:   2026-06-02T12:30:39+00:00
Accession:  0000107140-26-000034
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/107140/000010714026000034/0000107140-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/107140/000010714026000034/jwa-20260601.htm
  HTML page:      https://secwatch.observer/filing/0000107140-26-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer