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BBC Worldwide Buys Lonely Planet

03/28/2008 02:45 am ET | Updated May 25, 2011

The international travel publisher Lonely Planet has been acquired by an equally internationally minded organization, BBC Worldwide, the commercial arm of the BBC. Founded in 1973 and based in Australia, Lonely Planet has extensive publishing operations in the U.S. and U.K., and its books are sold in more than 200 countries. Founders Maureen and Tony Wheeler will retain a 25% stake in the company, which will continue to be run by CEO Judy Slatyer. Its corporate headquarters will remain in Melbourne.

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