DirectGroup Bertelsmann has the following statement:
Guetersloh, Germany (ots)
Isolated reports indicate that Bertelsmann intends to merge its US book clubs with the stock market-listed Internet bookseller Barnesandnoble.com. This statement is incorrect and has no basis in fact.
The integration of BOL.com and Clubs to transform Bertelsmann's direct-to-customer businesses - with their 55 million customers - into a community-based venture refers exclusively to the European and Asian market.
Bertelsmann has a 36 percent interest in Barnesandnoble.com.
Further Information is available: www.directgroup-news.de
Contact:
Gerd Koslowski
Vice President Communication
DirectGroup Bertelsmann
Phone +49 (0) 5241 / 80-4 15 55
E-mail: Gerd.Koslowski@bertelsmann.de