Literary Prodigy

Random House had so many literary children it didn't know what to do. Its latest offspring, the 25¢ "Wonder Books" for children, had sold 2,000,000 copies in six weeks, and threatened to keep Random House so busy that it would not have time for other books. Yet it hated to curb such a promising child. Last week, Random House found a solution. It sold the children's books to Wonder Books, Inc., a new company owned jointly by reprint publishers Grosset & Dunlap (60%) and the Curtis Publishing Co. (40%).

The deal gave Grosset and Curtis, already teamed up in the...

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