History
The Company was established in 1964 when Hazell Sun merged with Purnell & Sons to form the British Printing Corporation. In 1967 it acquired a majority stake in Haymarket Group from Michael Heseltine. During the 1970s the Company was involved in many disputes with trade unions. In 1978 such a dispute led to The Times and Sunday Times not being published for 10 months.
In July 1981 Robert Maxwell launched a dawn raid on the Company acquiring a stake of 29%; the following year he secured full control of it. He changed the name of the Company to British Printing & Communications Corporation in March 1982 and to Maxwell Communications Corporation in October 1987.
The Company acquired Macmillan Publishers, a large US publisher, in 1988. It went on to buy Science Research Associates and the Official Airline Guide later that year.
The Company went into administration in 1991 following the death of Robert Maxwell. Its properties were sold to various media companies.
Read more about this topic: Maxwell Communications Corporation
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