John Smith sold to rival

<p>Scottish bookseller John Smith&amp;Son is to be sold, ending 251 years as an independent retailer. The Glasgow-based academic bookshop chain and library supplier is to be acquired by rival library supplier Coutts Information Services. Willie Anderson, John Smith chairman and managing director, confirmed that he was in "the final stages of negotiation" with Coutts. A letter outlining the details has been posted to shareholders, who are still to approve the deal.</p><p> Julian Hardinge, John Smith library services director, is to leave the company. Coutts, which was formed in the UK last y...

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