Wednesday, July 26, 2017

Investor to nation’s largest bookstore chain: ‘Sell yourself!’

One investor wants Barnes & Noble to embark on a new chapter — with a new owner.
Activist investor Sandell Asset Management issued a letter to Barnes & Noble’s board of directors on Tuesday, urging the company to sell itself. The firm believes a sale would not only improve the value of the brand, but protect itself against a volatile marketplace that continues to take a toll on sales.. . . more

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