Judge Approves Sale of netLibrary's E-Books to Nonprofit Library Group

By JEFFREY R. YOUNG

A federal bankruptcy judge this month approved the sale of netLibrary's 40,000 e-books and other assets to OCLC Online Computer Library Center, Inc., a nonprofit library organization. The sale, which is subject to a 10-day appeal period, would leave netLibrary's e-book operations largely intact as a subsidiary of OCLC.

The troubled...

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