On George Palmer Putnam's death in 1872 his sons George H., John and Irving inherited the business and the firm's name was changed to "G. P. Putnam's Sons." Son, George H. Putnam would be made president of the firm, a position he held for the next fifty-two years. On his death in 1930, the various Putnam heirs voted to merge the firm with Minton, Balch & Co. who became the majority stockholders. In 1965, G.P. Putnam's Sons acquired Berkley Books, a mass market paperback publishing house. Ten years later, Putnam Publishing Group and Berkley Publishing Group were sold to MCA, Inc. In 1982, Putnam acquired the respected children's book publisher, Grosset & Dunlap.
In 1996, the company was bought by the Penguin Group, a division of the British publishing conglomerate, Pearson PLC. The new owners merged Putnam/Berkley with Penguin USA to form Penguin Putnam Inc. who use the name to publish the "G.P. Putnam's Sons Books for Young Readers.""
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Indicia Publisher Name | Years in Operation | Printings (Issues) |
G. P. Putnam's Sons | 1872 - ? | 2 (4) |
Penguin Group | 2008 | 3 |
Perigee Books | 1981 - 1986 | 2 |