Equity Firm Agrees to Buy B&N

Elliott Advisors, which bought the U.K. bookstore chain Waterstones in April 2018, has signed a definitive agreement to buy Barnes & Noble in a deal valued at about $683 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
News tagged with: #buy bn #elliott advisors #definitive agreement #deal valued #$683 million

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Barnes & Noble has a buyer—who agreed to pay the $476 million price tag

Beleaguered bookseller Barnes & Noble Inc. has a buyer. Elliott Management Corp. agreed to purchase the chain for $6.50 per share in an all-cash transaction valued about $476 million, plus the assumption of debt, the company said in a statement Friday. Barnes & Noble shares rose as... Continue reading at Advertising Age

[ Advertising Age | 2019-06-07 16:16:58 UTC ]
More news stories like this | News stories tagged with: #retail chains #$476 million #$683 million #bloomberg intelligence #—bloomberg news


Penguin Random House Buys F+W Media’s Books at Auction

Penguin Random House is acquiring the book publishing assets of F+W Media, which include the Writer's Digest catalog. Communities to be auctioned separately June 13. The post Penguin Random House Buys F+W Media’s Books at Auction appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-06-07 16:05:51 UTC ]
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Waterstones owner buys US chain Barnes & Noble

James Daunt will be chief of both chains after deal hailed as boost for real-world bookshopsThe hedge fund owner of the UK’s largest book chain, Waterstones, has bought Barnes & Noble, the biggest chain in the US, in a $683m (£537m) deal heralded as a boost in their battle to preserve... Continue reading at The Guardian

[ The Guardian | 2019-06-07 14:11:50 UTC ]
More news stories like this | News stories tagged with: #uk arm #waterstones boss #james daunt


Amazon reportedly mulls buying Boost from T-Mobile, Sprint

Amazon.com Inc. is interested in acquiring prepaid wireless phone service Boost Mobile from T-Mobile US Inc. and Sprint Corp., Reuters reported, citing people familiar with the matter. Amazon is considering buying Boost for an attached wholesale deal that would allow the buyer to use T-Mobile’s... Continue reading at Advertising Age

[ Advertising Age | 2019-05-31 17:33:29 UTC ]
More news stories like this | News stories tagged with: #kindle e-readers #download books #pilot program #online orders #york state #—bloomberg news


Canadian Study: Library Patrons Tell Researchers They Buy More Books

New BookNet Canada research indicates that consumers who borrow books from libraries also purchase more books per month than those who don't use libraries. The post Canadian Study: Library Patrons Tell Researchers They Buy More Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-05-29 03:14:45 UTC ]
More news stories like this | News stories tagged with: #borrow books #books appeared #library patrons


Tricycle Talent buys minority stake in RML

Talent management collective Tricycle Talent has acquired a minority stake in Rachel Mills Literary (RML).  Continue reading at The Bookseller

[ The Bookseller | 2019-05-27 22:53:46 UTC ]
More news stories like this | News stories tagged with: #minority stake


Chronicle buys two from Underwood and Hunt

Chronicle Books, which is distributed in the UK and Europe by Abrams & Chronicle Books, has acquired two picture books by Deborah Underwood and Meg Hunt. Continue reading at The Bookseller

[ The Bookseller | 2019-05-27 20:45:38 UTC ]
More news stories like this | News stories tagged with: #chronicle buys #chronicle books #picture books


NRA says ad firm stole its thumb drive as legal duel escalates

The National Rifle Association’s escalating legal feud with its longtime public-relations agency has taken a bizarre turn, with the gun lobby claiming that the PR firm stole a confidential PowerPoint presentation detailing its courtroom strategy. The new controversy centers on an April 29... Continue reading at Advertising Age

[ Advertising Age | 2019-05-24 23:29:03 UTC ]
More news stories like this | News stories tagged with: #immediately respond #$40 million


PRH buys 45% stake in Sourcebooks

Sourcebooks has sold a 45% ownership stake to Penguin Random House to enable the American independent publisher to take a “broader and deeper approach to domestic and global markets”. Continue reading at The Bookseller

[ The Bookseller | 2019-05-24 02:11:56 UTC ]
More news stories like this | News stories tagged with: #global markets


Huawei devices disappear from Microsoft Store and Best Buy, but remain on Amazon, Newegg

Microsoft appears to have pulled Huawei's Matebook X Pro from its online shelves, and Best Buy, too, has followed suit. Huawei phones and devices are still available from Amazon and Newegg as of this posting, however.Neither the Huawei Matebook X Pro nor the Huawei Matebook 13 appear on... Continue reading at PC World

[ PC World | 2019-05-21 19:24:00 UTC ]
More news stories like this | News stories tagged with: #huawei phones #microsoft store #third-party apps


Facebook buys land in New Mexico but doesn’t say what it’s for

Facebook has more than doubled its New Mexico footprint with the purchase of more than 400 acres near its new data center. The Albuquerque Journal reports the social media giant confirmed this week that it purchased the land in March, adding to the 300 acres in Los Lunas, N.M., it already... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-05-16 13:00:00 UTC ]
More news stories like this | News stories tagged with: #mexico footprint #data center #los lunas


Facebook buys land in New Mexico but doesn’t say what it’s for

Facebook has more than doubled its New Mexico footprint with the purchase of more than 400 acres near its new data center. The Albuquerque Journal reports the social media giant confirmed this week that it purchased the land in March, adding to the 300 acres in Los Lunas, N.M., it already... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-05-16 13:00:00 UTC ]
More news stories like this | News stories tagged with: #mexico footprint #data center #los lunas


Coronet buys 'dark and funny' debut from Fielding

Coronet has landed the “compassionate, dark and funny” debut novel from Kit Fielding, an author of gypsy descent, telling the stories of six marginalised women. Continue reading at The Bookseller

[ The Bookseller | 2019-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #funny debut


CJK Buys Thomson-Shore's Assets

The CJK Group has moved ahead with the purchase of the assets of Dexter, Mich.-based printer Thomson-Shore. The asset acquisition follows the March 25 bankruptcy filing of Thomson-Shore. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-13 04:00:00 UTC ]
More news stories like this | News stories tagged with: #cjk group


S&S UK buys Adam Silvera fantasy

Simon & Schuster Children’s UK has acquired two books in the Infinity Cycle series by Adam Silvera. Continue reading at The Bookseller

[ The Bookseller | 2019-05-08 00:00:00 UTC ]
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Scholastic invests in 'diverse' media firm Picturestart

Scholastic has joined firms—including Warner Bros—investing in Picturestart, a new media company releasing entertainment that will “discover and celebrate diverse voices”. Continue reading at The Bookseller

[ The Bookseller | 2019-05-04 00:00:00 UTC ]
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PRH buys Barcelona indie Ediciones Salamandra

Penguin Random House Grupo Editorial has acquired Ediciones Salamandra to "ensure the continuity" of the Barcelona-based independent publisher. Continue reading at The Bookseller

[ The Bookseller | 2019-05-04 00:00:00 UTC ]
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Why would Google want to buy Pearson?

While educational publishers sought to build bespoke platforms to engage educators, tech giants secured the channel. Jon White wonders—is a shift about to occur? Continue reading at The Bookseller

[ The Bookseller | 2019-05-02 00:00:00 UTC ]
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McGraw-Hill, Cengage Agree to Merge

As large educational publishers struggle to keep up with the rapid changes in both the K-12 and higher education markets, McGraw-Hill and Cengage have agreed to merge in deal that will create a $3.2 billion learning company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-01 00:00:00 UTC ]
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