Barnes Noble bought by Elliott Management in $683 million deal
The beleaguered bookseller Barnes Noble is being acquired by a hedge fund for $476 million. The national chain that many blamed for the demise of independent bookstores has been ravaged by Amazon and other online competitors. Independent bookstores have also persisted in the face of digital publishing. The company said in October that it…
Barnes Noble bought by Elliott Management in $683 million deal
The beleaguered bookseller Barnes Noble is being acquired by a hedge fund for $476 million. The national chain that many blamed for the demise of independent bookstores has been ravaged by Amazon and other online competitors. Independent bookstores have also persisted in the face of digital publishing. The company said in October that it…