Independent publishers Avalon and Perseus to merge

Somebody writes “The Perseus Books Group and the Avalon Publishing Group, two independent companies with an eclectic blend of imprints and authors, announced Wednesday that they have signed a letter of intent for Avalon to merge into the Perseus group.
“We admire Avalon’s books, authors and publishing approach,” Perseus President and CEO David Steinberger said in a statement. Added Avalon Chairman and CEO Charlie Winton: “Perseus Books is an ideal home for the Avalon publishers. Perseus has demonstrated a total commitment to independent publishing.”