Monday, February 25, 2013

Chairman to Bid for Barnes & Noble

Barnes & Noble Chairman to Bid for Chain’s Retail Business: The chairman of Barnes & Noble plans to bid for the retail business of the bookstore as the company struggles with a changing competitive landscape.
On Monday, Leonard Riggio told the company’s board that he would make an offer for Barnes & Noble Booksellers, barnesandnoble.com and other retail assets. The proposal would not include the e-book division, Nook Media.