1994-06-06, English, Article, Journal or magazine article edition: Baker & Taylor to be sold; signs agreement with Midwest bookstore chain for all divisions. (Baker & Taylor Inc is expected to be acquired by Follet College Stores Corp) Karvetski, Kerstin; Harrington, Mark

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Physical Description
  • Magazine/​Journal article
Published
  • United Business Media LLC, 1994 June 6
Language
  • English

Edition details

Title
  • Baker &​ Taylor to be sold; signs agreement with Midwest bookstore chain for all divisions. (Baker &​ Taylor Inc is expected to be acquired by Follet College Stores Corp)
Also Titled
  • Baker &​ Taylor to be sold; signs agreement with Midwest bookstore chain for all divisions.
Appears In
  • Computer Retail Week, v4, no.n64, 1994 June 6, p1(2) (ISSN: 1066-7598)
Author
  • Karvetski, Kerstin
  • Harrington, Mark
Published
  • United Business Media LLC, 1994 June 6
Physical Description
  • Magazine/​Journal article
Subjects
Target Audience
  • Trade
Summary
  • Baker &​ Taylor Inc will be acquired by Follet College Stores Corp; the deal includes the Baker &​ Taylor Software group, formerly known as SoftKat, and was reached with the Carlyle Group, which is a majority shareholder of Baker &​ Taylor Inc. Follet College Stores runs a franchise of several hundred college bookstores; the company is reportedly worth $600 million. The acquisition follows by a month the planned acquisition of Kenfil Inc by AmeriQuest Technologies Inc, formerly CMS Enhancements Inc; both Kenfil and Baker &​ Taylor were hit hard by the earthquake in Los Angeles in January 1994. Baker &​ Taylor began a massive consolidation in the spring of 1994 intended to focus its accounts and product lines; Baker &​ Taylor Pres Jim Warburton said at that time that the consolidation had begun long before the earthquake.
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15558171

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