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.

JaneJane is a long time romance reader whose passion is, you guessed it, reading. She's currently loving contemporary authors like Sarah Mayberry and Kristan Higgins but her first love will always be the historical. Some of her old time favorites are Amanda Quick and Johanna Lindsey and some of the new favorites are Sherry Thomas, Joanna Bourne and Claudia Dain. Email this author | All posts by Jane

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