Books-A-Million (NASDAQ: BAMM) 47.8% HIGHER; On January 29, 2015, Mr. Clyde B. Anderson delivered a non-binding letter (the Proposal Letter), on behalf of himself and the other Reporting Persons, to the Board of Directors of Books-A-Million (NASDAQ: BAMM) proposing a transaction whereby, pursuant to a merger of the Issuer with a newly formed acquisition vehicle that the Reporting Persons would control, the Reporting Persons would acquire 100% of the outstanding Shares of the Issuer (the Proposal). As set forth in the Proposal Letter, public shareholders of the Issuer would receive $2.75 per Share in
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