Clarification

An article in the Business section Aug. 21 stated that Bancroft Press had backed out of a venture capital deal with Maidstone LLC of New York. In fact, the proposal was not made final because the companies could not agree on terms.

The article also described Bancroft as a regional, niche publishing house. Bancroft publisher Bruce Bortz characterizes the firm as a national publisher of trade books. He noted that it has a contract for national distribution with the National Book Network of Lanham.

Pub Date: 8/29/98