In December 2005 the Time Warner Book Group announced the acquisition of the Australian publisher Lothian and the subsequent formation of Time Warner Book Group (Australia). As a result of this acquisition Lothian Books became an imprint of Time Warner.
Time Warner Book Group, with offices in New York, Boston, Indiana, Nashville and Los Angeles, includes the imprints Warner Books, Little, Brown and Company, Bulfinch, Orbit, Virago, Warner Faith, Center Street, Mysterious Press, Warner Business, several mass market imprints and Time Warner AudioBooks. This group was purchased by the Lagardère Group for $537.5 million in February 2006 and became part of the Hachette Book Group (HGB) (Wikipedia sighted 12/05/06)