BARNES & NOBLE EDUCATION, INC. (NYSE:BNED) Files An 8-K Regulation FD DisclosureItem 7.01.
Regulation FD Disclosure.
On August 4, 2017, Barnes& Noble Education, Inc. (the “Company”) issued a press release, attached as Exhibit 99.1 hereto, announcing that, on August 3, 2017, BNED Digital Holdings, LLC, an indirect wholly-owned subsidiary of the Company, acquired 50% of the equity interests of Student Brands, LLC from its current equity holders to a Purchase Agreement dated as of the same date (the “Transaction”). On August 7, 2017, the Company made available on its investor relations website (http://investor.bned.com) an investor presentation, attached as Exhibit 99.2 hereto, in connection with the Transaction.
The information furnished to this item is not deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01.Financial Statements and Exhibits.
(d)Exhibits
The following exhibits are filed as a part of this Current Report:
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Exhibit No. |
Description |
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99.1 |
Press release, issued August 4, 2017. |
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99.2 |
Investor Presentation, made available August 7, 2017. |
Barnes & Noble Education, Inc. ExhibitEX-99.1 2 exhibit991pressreleasestud.htm EXHIBIT 99.1 PRESS RELEASE STUDENT BRANDS Exhibit EXHIBIT 99.1Barnes & Noble Education Acquires Student BrandsDirect-to-Student Offering Expands BNED’s Digital PortfolioFinancially Accretive Transaction Benefits Support Growth StrategyEnhances Both BNED’s and Student Brands’ Market ReachBASKING RIDGE,…To view the full exhibit click here
About BARNES & NOBLE EDUCATION, INC. (NYSE:BNED)
Barnes & Noble Education, Inc. is a contract operator of bookstores on college and university campuses across the United States and a provider of digital education services. The Company offers a support system, and a retail and digital learning experience for students. Through its subsidiary, Barnes & Noble College Booksellers, LLC, the Company operates approximately 750 campus bookstores and the school-branded e-commerce sites for each store, serving over five million college students and their faculty. The Company offers a set of products and services to help students, faculty and administrators achieve their shared educational and social goals. Its suite of product offerings includes Textbook and Course Material Sales, Textbook and Course Material Rentals, General Merchandise, Trade, Digital Education and Brand Partnerships. The Company also offers other merchandise, such as laptops and other technology products, notebooks, backpacks, school and dormitory supplies and related items.