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Chapters, Indigo agree to put 23 stores on block

Article Abstract:

Indigo Books and Music Inc. and Chapters Inc., which are planning to merge, will sell their 23 retail stores to comply with regulatory demands by the Competition Bureau. The merger, which will create Canada's largest bookstore chain, also includes a 5-year code of conduct imposed by regulatory authorities.

Author: Strauss, Marina, McNish, Jacquie
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
Indigo Books Music and More Inc.

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Chapters deal would spur savings

Article Abstract:

Chapters Inc.'s planned acquisition by Future Shop Ltd. would bring approximately C$25 million in yearly savings and profit increases at both firms. The merger would form C$58.4 million in combined profits next year.

Author: Strauss, Marina
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
Future Shop Ltd.

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Subjects list: Canada, Mergers, acquisitions and divestments, Booksellers, Bookstores, Chapters Inc.
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