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Anderson family

May 1, 2012

Shares at publicly listed Books-A-Million jumped by more than 20% on Monday, after the family that controls it put forward a non-binding proposal to take the book retailer private. 

Shares at publicly listed Books-A-Million jumped by more than 20% on Monday, after the family that controls it put forward a non-binding proposal to take the book retailer private.

The Anderson family, which already has a 53% stake in the business, offered $3.05 (€2.30) per share in cash for Books-A-Million – up 20% on Friday’s closing price.

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