Final Years
The firm invested in heliotype printing technology, various periodicals, and established a New York office. Within a few years, the company was in financial difficulty and Osgood and B. H. Ticknor were forced to sell off various assets, including many stereotype plates. By December 1878, they were forced to merge with Hurd & Houghton and became Houghton, Osgood, and Co. Henry Oscar Houghton became a partner in the deal. The latter would become Houghton, Mifflin, and Co. in 1880, the same year Osgood formed a second J.R. Osgood and Co, which was taken over by Benjamin Holt Ticknor, in 1885 under the name Ticknor and Company. Ticknor and Company operated until 1889 when it became part of Houghton, Mifflin, and Co. In 1908 the name was changed to Houghton Mifflin Company. Ticknor and Fields was sometimes used as an imprint of Houghton Mifflin in the 20th century.
Read more about this topic: Ticknor And Fields, Company History
Famous quotes containing the words final and/or years:
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