The buyout offer is expected to close in June, when Indigo will be removed from Toronto's stock market, the company going private. The post Canada’s Indigo Bookstore Chain Agrees to a Buyout Offer appeared first on Publishing Perspectives. Continue reading >> [ Source: Publishing Perspectives | 2024-04-03 21:44:05 UTC ]
Indigo Books & Music, Canada's troubled largest bookseller, has agreed to accept an offer of C$2.50 per share from two investment firms that will take the company private should the transaction be approved by shareholders later this spring. Continue reading >> [ Source: Publishers Weekly | 2024-04-03 04:00:00 UTC ]
Two investment firms led by Canadian billionaire Gerald Schwartz—an Indigo board member, husband of founder Heather Reisman, and the company's majority owner—has made an offer to acquire the remaining shares of Canada's largest bookstore chain. Continue reading >> [ Source: Publishers Weekly | 2024-02-05 05:00:00 UTC ]
Los Angeles Times owner Tribune Publishing Co. has rejected a second buyout offer from rival newspaper publisher Gannett Co., and this time it’s brought in new financial muscle to fend off further overtures: L. A. billionaire Patrick Soon-Shiong. Tribune Publishing announced Monday morning that... Continue reading >> [ Source: Los Angeles Times | 2016-05-24 00:00:00 UTC ]
The second-largest shareholder of Los Angeles Times owner Tribune Publishing said Wednesday that passing up a buyout offer from rival publishing company Gannett could "destroy enormous shareholder value." In a letter sent to Tribune's board and filed with the Securities and Exchange Commission,... Continue reading >> [ Source: Los Angeles Times | 2016-05-19 00:00:00 UTC ]
A casual observer of the book-club scene could be fooled into thinking that this summer was a hard one for the nation's leisure readers. Late in spring, Oprah's club shuttered, stranding publishers in what promises to be a long shoal of short print runs and offering the rest of us one literary... Continue reading >> [ Source: Slate | 2011-07-30 00:00:00 UTC ]