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The Big M&A Deal
 News…No Deal
The Big M&A Deal
         News…No Deal
   Barnes & Noble > Sterling
The Big M&A Deal
         News…No Deal
   Barnes & Noble > Sterling
   HarperCollins > Thomas Nelson
The Big M&A Deal
         News…No Deal
   Barnes & Noble > Sterling
   HarperCollins > Thomas Nelson
   RCS Media Group > Flammarion
The Big M&A Deal
         News…No Deal
   Barnes & Noble > Sterling
   HarperCollins > Thomas Nelson
   RCS Media Group > Flammarion
   Wiley > Select Professional/Trade Assets
The Bigger Deals?
  Refinancings
The Bigger Deals?
          Refinancings
   Houghton Mifflin Harcourt
The Bigger Deals?
          Refinancings
   Houghton Mifflin Harcourt
   Cengage
Barnes & Noble:
Publicly Private,
 Spinning Off?
Books-A-Million:
 Going Private,
 Getting Sued
Announcement of the
       Year
Announcement of the
       Year
The Most Overblown
   Niche Market
The Most Overblown
   Niche Market
Speaking of Overblown
Speaking of Amazon…
Speaking of…

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Michael Cader -- Book Publishing in 2012