CBX parent company files bankruptcy

The parent company of CBX bookstore in the Village filed for bankruptcy protection.

The holding company for Nebraska Book Co. says it filed for bankruptcy protection and will restructure $450 million in debt.

An employee at CBX confirmed Nebraska Book Co. is the parent company of the book store, but a manager was not available to comment.

Nebraska Acquisition Corp. is the holding company and has filed for Chapter 11 bankruptcy in Delaware, according to an article by the Associated Press.

Nebraska Book Co. owns 280 college bookstores nationwide, the Associated Press reports. Its textbook division serves more than 2,500 bookstores.

The company has about 2,500 employees, but the Associated Press reports layoffs are not expected. 


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