National Book Network Make Offer For Bankrupt PGW

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National Book Network Make Offer For Bankrupt PGW

Feb 07 2007

National Book Network has proposed taking over the distribution contracts of PGW clients, offering to pay 85 cents for every dollar owed publishers in the AMS bankruptcy and asking for a three-year contract extension. The proposal, compares to the 70 cents/four year extension offer made by Perseus Books Group. The bankruptcy court is scheduled to rule on the Perseus/NBN offers February 12.

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