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AMS White Knight May Be Chosen Today

The Judge in the bankruptcy suit filed by AMS may decide today which competing offer between Perseus and NBN for the distribution rights of 150 publishers who are creditors of AMS. Perseus may have the leg up, having signed contracts with 65% of the 150 publishers. However it is offering $.70 per dollar of debt whereas NBN is offering $.80.

Via Shelf Awareness.

Jane Litte is the founder of Dear Author, a lawyer, and a lover of pencil skirts. She self publishes NA and contemporaries (and publishes with Berkley and Montlake) and spends her downtime reading romances and writing about them. Her TBR pile is much larger than the one shown in the picture and not as pretty. You can reach Jane by email at jane @ dearauthor dot com

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