By Angela Hatton
Murray, KY – A Murray-based textbook company plans to make a significant investment in a textbook rental website. South Eastern Book Company (SEB) will make a $10 million equity investment in College Book Renter, an online rental service. As part of the agreement, SEB CEO Chuck Jones, will take over as president of College Book Renter. According to company officials, SEB is the fourth largest wholesale textbook distributor in the country. Officials hope the joint venture will allow SEB to tap into the growing textbook rental market.