Jim Milliot writes: “In a joint statement issued September 26, ReaderLink and Baker & Taylor (B&T) announced they have ‘mutually’ agreed to call off the proposed acquisition of B&T by ReaderLink announced earlier in September. While publishers, suppliers, and others in the industry were relieved the troubled wholesaler would stay in business, many were concerned about how much of the outstanding obligations B&T owed publishers they would be able to pay following completion of the deal.”
