You have /5 articles left.
Sign up for a free account or log in.
Follett Corp. on Monday announced it has bought media distributor Baker & Taylor, a massive acquisition that fortifies Follett's dominant position as a provider of books and other materials to libraries, schools and more. The acquisition, the terms of which were not disclosed, adds another billion dollars to Follett's existing $2.6 billion sales revenues, the company said in a press release. Baker & Taylor will continue to operate out of its Charlotte, N.C., offices, according to the announcement (Follett is based in Westchester, Ill.).
Want articles like this sent straight to your inbox?
Subscribe to a Newsletter