Books-A-Million Shareholders Approve Going Private
The Birmingham, Ala.-based company will be acquired for $3.25 in cash per share by a group including Clyde B. Anderson, members of the founding Anderson family, senior company managers and others, the journal article said.
The Anderson family "has made several efforts to take [the company] private in recent years," the report noted.
The company has 257 stores in 32 states, the article said. (Source: Birmingham Business Journal, Dec. 8, 2015.)