6 years ago
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Barnes & Noble Set To Be Sold To Elliott Management For About $683 Million
That price tag includes all of the book megachain's debt. Elliott's acquisition of the largest retail bookseller in the U.S. comes less than a year after it bought Waterstones, the largest in the U.K.
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So it looks like they'll still be running but under the new ownership. It'll be interesting to see if they can survive. I was pleasantly surprised that they were not liquidated.