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May 8, 2014By Michael Cader

Frontiers: BN College Aims to Grow; Speculation On A McGraw-Hill IPO

May 8, 2014By Michael Cader

Barnes & Noble College ceo Max Roberts tells Reuters the unit plans to add about 300 stores over the next 5 years, bringing them to approximately 1,000 locations. The company has added about 50 college bookstores over the past two years, with almost 700 stores now. Reuters writes: “It intends to do that by getting more schools to outsource their bookstore operations with the lure of nicer, higher-grossing stores and by poaching accounts from larger rival Follett Corp.” Separately, an article in The Deal cites “sources speculating” that Apollo Global Management may be looking to float an IPO in McGraw-Hill […]

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Filed Under: Bookstores, Finance

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