Barnes & Noble, Inc. Announces Completion of Short-Form Merger of Funco, Inc.Business Editors NEW YORK--(BUSINESS WIRE)--June 19, 2000 Barnes & Noble, Inc. (NYSE NYSE See: New York Stock Exchange : BKS BKS Barracks BKS Best Kept Secret (gaming) BKS Bildung, Kultur Und Sport (German) BKS Brookside (city) BKS Bergen Kirurgiske Sykehus (Bergen, Norway) ) announced today that it has completed its short-form merger with Funco, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : FNCO FNCO Federazione Nazionale Collegi Ostetriche (Italian) ). Funco, Inc. terminated the registration of its common stock under the Securities Exchange Act of 1934, eliminating its obligation to file periodic financial and other information with the Securities and Exchange Commission. Funco, Inc.'s common stock ceased to be listed on NASDAQ immediately following the close of trading on Friday, June 16, 2000. On June 14, 2000, Barnes & Noble, Inc. announced that it had acquired approximately 98% of the outstanding shares of Funco, Inc. through a successful tender offer of $24.75 per share in cash. Funco, Inc. markets interactive home entertainment, primarily through the sale of new and previously played video games See video game console. , related hardware and accessories, through its more than 400 FuncoLand stores, primarily in strip malls, and Web site, http://www.funcoland.com. Barnes & Noble, Inc. operates 544 Barnes & Noble and 389 B. Dalton bookstores, and Babbage's Etc., one of the nation's largest operators of video game and entertainment software stores. Barnes & Noble stores stock an authoritative selection of book titles and provide access to more than one million titles. They offer books from more than 50,000 publisher imprints with an emphasis on small, independent publishers and university presses. Barnes & Noble is one of the world's largest booksellers on the World Wide Web (http://www.bn.com), and the exclusive bookseller on America Online See AOL. (Keyword: bn). Barnes & Noble.com has the largest standing inventory of any online bookseller. Barnes & Noble, Inc. also publishes books under its own imprint for exclusive sale through its retail stores, mail-order catalogs, and Web site. General financial information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company's investor relations Investor relations The process by which the corporation communicates with its investors. Web site: http://www.shareholder.com/bks/. |
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