Inside the Australian and New Zealand book industry

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Books-A-Million shareholders propose to take the company private

In the US, the Anderson family, the controlling shareholders in the Books-A-Million retail chain, have proposed to buy out the company's shareholders and take the chain private, reports Publishers Weekly. In a non-binding proposal on 28 April, the Anderson family, including Books-A-Million chairman Clyde Anderson, offered to acquire all outstanding shares in the...

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Category: International news