Primary Capital which acquired Paperchase via the management buy-out it supported in 2010 in believed to be considering offers for the business. Paperchase which belonged to WH Smith in the 1980s, was owned by the, now defunct, US book store chain Borders when Timonthy Megund led the MBO. . Now with 100 UK stores as well as 28 concessions and a small number of overseas stores, its sales were £114 million last year and its earnings are expected to reach £10 million in the current year.
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