Barnes & Noble buys MBS Textbook Exchange for $174M
March 01, 2017
Specialty Retail | Columbia, MO | Corporate Acquisition
Barnes & Noble Education (NYSE: BNED), a contract operator of bookstores on US college and university campuses, has acquired MBS Textbook Exchange for $174.2 million in cash. The combined company will operate almost 1,500 physical and virtual bookstores. BNED shares closed down 5% on Tuesday.