Indigo Books & Music Inc. has agreed to become a private entity following a sweetened takeover offer from Trilogy, its majority shareholder. The agreement comes after Trilogy, a holding company, raised its initial offer from $2.25 per share to $2.50 per share on February 1, 2024. This move to privatization marks a significant shift for the Canadian retailer, which has been publicly traded on the Toronto Stock Exchange under the ticker $IDG.TO.