B&T’s Offer In papers filed with the bankruptcy court Baker & Taylor has officially been designated by the debtors as a “stalking horse bidder,” setting the bar for competitive — and not necessarily directly comparable — offers. The variations come because likely no party will be bidding to acquire AMS in its entirety; the bidders will all come with different visions (and prices) for the particular bones that they want to pick. Baker & Taylor’s offer provides for a purchase price estimated at $76.25 million, according to the revised letter of intent filed with the bankruptcy court. The components provide […]
