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Corporate: Coffee House Press Partners With Emily Books; The Readers Guild; and More

The special committee appointed by the Books-A-Million board to examine the Anderson family's offer to buy out other shareholders and take the company private has hired Houlihan Lokey as its financial adviser. Coffee House Press is partnering with Brooklyn-based feminist publishing project Emily Books, on an imprint for "books that speak to the…

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Barnes & Noble to Spin Off College Business As Separate, Public Company

Barnes & Noble filed a registration statement with the SEC to separate BN College into a separate, publicly-traded company, which will operate as Barnes & Noble Education Inc. They say "the separation is intended to be a tax-free distribution to Barnes & Noble shareholders and is anticipated to be completed by…

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Lerner Publishing Group Acquires Egmont USA List

What seemed like a premature announcement from Egmont that it was closing its US office at the end of January after giving their "attempts to sell" the unit only four months now has further clarity. Lerner Publishing has acquired Egmont USA's list of nearly 100 titles, and will fold those…

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Announcements: Quarto Buys Ivy; Maya Angelou Postage Stamp; Kindle Scout Launch List; and More

Quarto Publishing has agreed to acquire The Ivy Press for up to £1.3 million plus the assumption of up to £200,000 of debt, pending approval from the press's lender. The unit will become part of Quarto's international co-editions division. Founded in 1996, Ivy Press has been distributed by Thames & Hudson since 2012. Co-founder and…

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Chegg to Outsource Print Textbook Business to Ingram

Building substantially on an initiative that began last August, Chegg.com will transition the handling of all print textbook inventory over to Ingram under a renewable, five-year agreement as the company that started as a textbook rental play moves towards becoming an all-digital "student hub." (Digital textbook rentals will become Chegg's biggest…

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Baker & Taylor Sells BTMS to Readerlink, YBP to EBSCO

A formal announcement is expected on Monday detailing a sale of Baker & Taylor's Baker & Taylor Merchandise Services (BTMS) unit to ReaderLink, consolidating the latter's leading position distributing books to warehouse clubs and mass merchandisers. BTMS is based around the assets acquired in bankruptcy from Advanced Marketing Services (AMS) in…

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Bertelsmann Builds Education Play with Stake in Alliant University

Bertelsmann has continued their roughly billion-dollar education spending spree, agreeing to buy a controlling stake in California-based Alliant International University, a network of five California-based professional schools that has locations in Mexico City, Hong Kong and Tokyo as well. The undisclosed investment is said by a Reuters source to be "in the…

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In Bankruptcy Court, Questions About Plan to Sell Family Christian Stores Back to Itself

There was no hiding the suspicious reorganization strategy being pursued by Family Christian Stores in a bankruptcy court hearing earlier this week. Family Christian Ministries has proposed selling the stores from one FCM subsidiary to another, new subsidiary. No other changes are proposed across the 266 stores and roughly 4,000 employees;…

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Mondadori Offers to Buy RCS Media's Book Division

When Mondadori Editore spun off their book publishing and distribution units as a separate company as of January 1, the company indicated it would help them to pursue "partnership and merger opportunities" to grow. With little delay, on Wednesday Mondadori made a non-binding offer to acquire competitor RCS Libri (a…

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Sterling to Move Distribution to Donnelley

RR Donnelley announced Tuesday in what looks like a standard press release a multi-year agreement to provide warehousing, distribution and book fulfillment services to Sterling Publishing, with no indication of when that agreement begins. The significant news is not in the announcement: Sterling has run its own warehouse and distribution services up…

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