Some more details here:
http://www.comicsbeat.com/2011/04/05/teen-boat-signed-to-houghton/
http://www.publishersweekly.com/pw/by-topic/book-news/comics/article/46748-comics-briefly-04-05-2011.html?utm_source=Publishers+Weekly%27s+PW+Comics+Week&utm_campaign=d6ddea782e-UA-15906914-1&utm_medium=email