M&A Deal Summary

Barnes & Noble Acquires Sterling Publishing

On December 13, 2002, Barnes & Noble acquired publishing company Sterling Publishing

Acquisition Highlights
  • This is Barnes & Noble’s 1st transaction in the Publishing sector.
  • This is Barnes & Noble’s 5th transaction in the United States.
  • This is Barnes & Noble’s 2nd transaction in New York.

M&A Deal Summary

Date 2002-12-13
Target Sterling Publishing
Sector Publishing
Buyer(s) Barnes & Noble
Deal Type Add-on Acquisition

Target

Sterling Publishing

New York, New York, United States
Sterling Publishing Co., Inc., is an innovative and forward-thinking publishing company committed to creating books that inspire and entertain. Sterling is a specialist in how-to and crafts books.

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Buyer(S) 1

Buyer

Barnes & Noble

New York, New York, United States

Category Company
Founded 1986
Sector Retail
Employees7,038
Revenue 3.6B USD (2019)
DESCRIPTION

Barnes & Noble is a bookseller and operates through retail stores and online. The Company’s principal business is the sale of trade books (generally hardcover and paperback titles), mass market paperbacks (such as mystery, romance, science fiction and other popular fiction), children’s books, eBooks and other digital content, NOOK and related accessories, bargain books, magazines, gifts, café products and services, educational toys & games, music and movies direct to customers through its bookstores or on www.barnesandnoble.com. Barnes & Noble was formed in 1986 and is based in New York City.


DEAL STATS #
Overall 5 of 9
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 4 of 5
State (New York) 2 of 2
Country (United States) 5 of 9
Year (2002) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-03-19 SparkNotes

New York, New York, United States

SparkNotes LLC, is a offers guides of various subjects, such as English literature, history, math, biology.

Buy $4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-05 Fictionwise

Chatham, New Jersey, United States

Fictionwise LLC, a online retailer of electronic books.

Buy $16M