Tuesday, February 28, 2017

B&N Education BuysMBS for $174 Million - Publishers' Weekly

Today's trip into the Catosphere took Panzer to the PW (Publishers' Weekly) site. After a little digging around our ingenious kitty pilot found a post about Barnes and Noble Education.

Inquiring kitties want to know. Who?
According to the post by Jim Milliot, Barnes and Noble Education announced the acquisition of MBS Textbook Exchange. B and N Education is spending $174.2 million in cash for MBS's physical and digital textbooks and course materials, their customer base, the textbooks.com site, and other assets. The end of the post also includes Barnes and Noble Education's third quarter financial information.

Panzer says, "There's some interesting, but confusing, information about who is selling MBS."

Note: This is a medium length post. Bring a cup of tea and muffin plus a napkin for today's reading selection.

To read the post, tootle over to BN Education buys MBS

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