Baker & Taylor Owner Buys Bookmasters; Companies Form Strategic Partnership

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Major distributor Baker & Taylor will offer publisher services to its customers via a new strategic partnership with Bookmasters, the company announced on July 10. The move comes as private equity firm Castle Harlan acquired Bookmasters; that purchase was also announced yesterday. Castle Harlan had previously acquired Baker & Taylor in July 2006 for about $455 million.
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