Bookstore News
Canadian bookstore chain Indigo Books & Music has accepted a buyout offer from Trilogy Retail Holdings and Trilogy Investments, which already owns 60% of the company’s shares. They’ll buy the remainder for C$2.50 a share. The company said, “The cash premium transaction will provide Minority Shareholders with immediate and certain value that is expected to be higher than that realizable in the foreseeable future.” The sale will likely close in ...Read More
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