M&A Deal Summary

Barnes & Noble Acquires Borders Group

On October 14, 2011, Barnes & Noble acquired retailer Borders Group

Acquisition Highlights
  • This is Barnes & Noble’s 4th transaction in the Retail sector.
  • This is Barnes & Noble’s 7th transaction in the United States.
  • This is Barnes & Noble’s 1st transaction in Michigan.

M&A Deal Summary

Date 2011-10-14
Target Borders Group
Sector Retail
Buyer(s) Barnes & Noble
Deal Type Special Situations/Distressed

Target

Borders Group

Ann Arbor, Michigan, United States
Borders Group, Inc. is a national chain of bookstores.

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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 7 of 9
Sector (Retail) 4 of 6
Type (Special Situations/Distressed) 1 of 3
State (Michigan) 1 of 1
Country (United States) 7 of 9
Year (2011) 1 of 1
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-03 BNED

Basking Ridge, New Jersey, United States

BNED is a retailer of educational content and tools to enhances the academic and social purpose of educational institutions. Barnes & Noble Education was incorporated in 1965 and is based in Basking Ridge, New Jersey.

Sell -