Books-A-Million announced that Anderson BAMM Holdings intends to sell up to 400,000 shares of stock in the bookseller–about 25 percent of its current holdings–“to assist its members’ in their estate planning needs.” The entity is the company’s fourth-largest shareholder, after three members of the Anderson family. BAMM stock has significantly outperformed its bookselling peers over the last year. Separately, in a filing with the SEC that revises the presentation of some basic data in answer to a variety of questions posed by the regulatory agency, Books-a-Million has broken out their e-commerce sales for the past three years. Sales of $25.17 […]
