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Barnes & Noble Education Inc BNED

Alternate Symbol(s):  ARSC

Barnes & Noble Education, Inc. is a contract operator of physical and virtual bookstores for college and university campuses and K-12 institutions across the United States. The Company also textbook wholesalers and inventory management hardware and software providers. The Company operates through two segments: Retail, and Wholesale. The Retail Segment operates 1,245 college, university, and K-12 school bookstores, comprised of 707 physical bookstores and 538 virtual bookstores. The Wholesale Segment provided a comprehensive selection of new and used textbooks to approximately 2,750 physical bookstores, including its Retail segment's 707 physical bookstores and sources, and distributes new and used textbooks to its 538 virtual bookstores. Additionally, the Wholesale Segment sells hardware and a software suite of applications that provides inventory management and point-of-sale solutions to approximately 325 college bookstores.


NYSE:BNED - Post by User

Post by whytestockson Jun 05, 2024 5:15pm
105 Views
Post# 36073997

Barnes & Noble Education Shareholders Approve Milestone Equi

Barnes & Noble Education Shareholders Approve Milestone Equi
Just In: $BNED Barnes & Noble Education Shareholders Approve Milestone Equity and Refinancing Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and StudentsBNED to Receive $95 Million of New Equity Capital Through $50 Million Equity Investment and $45 Million Fully Backstopped Equity Rights Offering Led by Immersion Corporation Converts Approximately $34 Million of Second Lien Debt to Equity Shareholders Approve Seven Directors to Se...BNED - Barnes & Noble Education Shareholders Approve Milestone Equity and Refinancing Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students

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