Tuesday, November 6, 2018

Barnes & Noble’s Mystery Suitor Was U.K. Retailer WH Smith

The Wall Street Journal
When Barnes & Noble Inc.’s former chief executive sued the company in August over his dismissal, a tantalizing detail stood out in his complaint.

The struggling book retailer was on the verge of selling itself this past spring, he said, and had even accepted an offer. For months, people in the publishing industry wondered about the identity of the mystery would-be buyer.

People familiar with the situation say it was WH Smith PLC, a U.K. retailer that sells books, stationery and other products.. . . more