Wednesday, August 04, 2010

Barnes & Noble may soon be for sale - The Boston Globe

Maybe it should merge with Blockbuster…

Book retailer Barnes & Noble Inc. said its shares have slumped so low it may put itself on the block — possibly selling the chain to an investment group that would include its founder and biggest shareholder, Leonard Riggio.

The world’s largest bookseller said late yesterday that its board is evaluating several options to boost shareholder value in the face of a depressed stock price, including selling the company.

Barnes & Noble may soon be for sale - The Boston Globe

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