M&A Deal Summary

Barnes & Noble Acquires B. Dalton Bookseller

On December 1, 1986, Barnes & Noble acquired retailer B. Dalton Bookseller from Target

Acquisition Highlights
  • This is Barnes & Noble’s 1st transaction in the Retail sector.
  • This is Barnes & Noble’s 1st transaction in the United States.
  • This is Barnes & Noble’s 1st transaction in Minnesota.

M&A Deal Summary

Date 1986-12-01
Target B. Dalton Bookseller
Sector Retail
Buyer(s) Barnes & Noble
Sellers(s) Target
Deal Type Divestiture

Target

B. Dalton Bookseller

Minneapolis, Minnesota, United States
B. Dalton Bookseller (often referred to B. Dalton or B. Dalton's) a retail bookstore chain.

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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 1 of 9
Sector (Retail) 1 of 6
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 9
Year (1986) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1989-01-01 Bookstop

Austin, Texas, United States

Bookstop, is a bookstore chain.

Buy -

Seller(S) 1

SELLER

Target

Minneapolis, Minnesota, United States

Category Company
Founded 1902
Sector Retail
Employees450,000
Revenue 109.1B USD (2023)
DESCRIPTION
View of Target's corporate headquarters in downtown Minneapolis, Minnesota.
View of Target's corporate headquarters in downtown Minneapolis, Minnesota.

Target is a general merchandise retailer serving the US market. The Target brand opened its first store in 1962 and currently operates more than 1,800 stores. Target was formerly known as Dayton Hudson Corp. which was originally founded in 1902. Target is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 1 of 5
Sector (Retail) 1 of 4
Type (Divestiture) 1 of 5
State (Minnesota) 1 of 4
Country (United States) 1 of 5
Year (1986) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1990-04-20 Marshall Field

Minneapolis, Minnesota, United States

Marshall Field & Co. a high-end department store chain.

Buy $1.0B