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Market Mulls Barnes & Noble Split

Barnes & Noble officially spins off Barnes & Noble Education as a separate, publicly-traded company next Monday, when we'll start to get a clearer view of how investors value the two distinct parts. The company itself declared BNED worth 38.7 percent of the whole -- since each BKS stockholder gets…

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People, Etc.

At Tarcher, Joanna Ng has been promoted to associate editor. For Tarcher & Pergiee, Tyler Fields is being promoted to publicity and marketing coordinator. Amanda Roser has joined bluebottlebiz as marketing and communications manager, based in Boston. Awards The Romance Writers of America named the winners of their RITA and Golden Heart awards in…

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Briefs: Another Pearson Sale, RCS to Meet on Mondadori Offer, and More

Following their big £844 million sale of the FT to Nikkei, Pearson acknowledged over the weekend that they are in talks with the co-owners of The Economist about selling their 50 percent stake in that organization as well. A Bloomberg source says that separate sale could yield another £400 million…

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Bookselling: Cobble Hill's The Community Bookstore Sells Building, Will Close; and More

The Community Bookstore in Cobble Hill (not to be confused with Community Bookstore in Park Slope) is set to close in 2016 after owner John Scioli agreed to sell the three-story building that houses the bookstore on the ground floor for $5.5 million to a real estate group that owns several buildings in…

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After Education Spinoff, Barnes & Noble Will Reinstate Dividend

Barnes & Noble announced a final date for the BN Education spinoff -- distributing the new stock on August 2 (to BN shareholders of record as of July 27). BNED stock is expected to begin trading on a "when-issued" basis starting July 23 and will convert to regular trading on August 3. More importantly…

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Andersons Get "Definitive Agreement" to Buyout Books-A-Million For $21 Million

Six months after their latest offer to take Books-A-Million private, the controlling Anderson family has reached a deal to buyout shareholders of the country's second-largest book retailer for approximately $21 million, an improved offer of $3.25 a share. (Previously, they offered $17 million, or $2.75 a share.) Unanimously approved by a special board…

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BN Marketplace Comes Back Online

When Barnes & Noble went live with the revamped version of their website on June 30, there were a number of bumps, including some periods of downtime. But the biggest missing element was their Marketplace, which offers "access to tens of millions of items provided by" third-party sellers, including used books. On Tuesday…

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McLain's Circling the Sun Tops August Indie Next List

Circling the Sun by Paula McLain is the ABA's No. 1 Indie Next pick for August. The rest of the list also includes Kitchens of the Great Midwest by J. Ryan Stradal and The Marriage of Opposites, by Alice Hoffman, both featured in our Spring/Summer Buzz Books 2015 ebook, as well…

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Bookselling: Amazon Expands in Mexico; Indigo Expands Store Discounts; and More

Two years after launching its Kindle store in Mexico, Amazon has expanded to offer a broad spectrum of physical goods, including printed books, at http://amazon.com.mx/. Offerings include the three versions of the Kindle e-reader. Indigo will now discount 100 top-selling and bookseller-recommend books by 40 percent, ceo Heather Reisman tells the Globe…

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Judge Denies Results of Family Christian Bankruptcy Auction

U.S. Bankruptcy Judge John Gregg voided the results of the complicated bankruptcy auction for the Family Christian Stores bookselling chain, calling the process "at times, nothing short of chaotic." At the same time, the Judge wrote, "While the Debtors clearly made mistakes at the auction, this court concludes that the…

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