Barnes & Noble Education (BNED) Misses Q3 EPS by 7c
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Barnes & Noble Education (BNED) Buys MBS for $174.2M
February 28, 2017 8:03 AM ESTBarnes & Noble Education, Inc. (NYSE: BNED) (the Company or BNED), one of Americas largest contract operators of bookstores on college and university campuses and a leading provider of digital education services, today announced that it has acquired MBS Textbook Exchange, LLC (MBS) for $174.2 million in cash. Together, MBS and BNED will operate over 1,490 physical and virtual bookstores and serve more than 6 million students enrolled in higher education institutions.
MBS is the largest cntract operator of virtual bookstores for the institutional client market and one of the largest used textbook wholesalers in the U.S.... More
