Nebraska Book Company Emerges From Bankruptcy

By: Associated Press Email
By: Associated Press Email

The holding company for Nebraska Book Co. has emerged from bankruptcy as a smaller company with less debt.

The company restructured $450 million in debt and sold off 56 of its off-campus college book stores.

Nebraska Bookstore emerges from bankruptcy with about $210 million debt and ownership of 250 stores.

Its textbook division serves more than 2,500 bookstores.

Nebraska Bookstore will now be a privately held company, and its largest shareholder is Mast Capital of Boston.

There are more than 15 other shareholders with a stake in the firm.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WOWT NBC Omaha 3501 Farnam Street Omaha, NE 68131 (402) 346-6666 sixonline@wowt.com
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 161187245 - wowt.com/a?a=161187245
Gray Television, Inc.