Baker & Taylor SOLD
Posted by Barry Kerrigan on May 11th, 2006From Publishers Weekly
Castle Harlan to Buy Baker & Taylor
By: Jim Milliot
A little less than three years after acquring Baker & Taylor for $255 million, the private equity firm Willis Stein has agreed to sell the nation’s second largest book wholesaler to another equity group, Castle Harlan, for $455 million. The deal should close later this year, with the B&T mgmt team staying in place.