elliot

Barnes and Noble now has multiple suitors to sell the company. Last week Elliot, the Hedge Fund from New York submitted an offer that will pay $475.8 million in cash. This would take the bookseller private, which should provide breathing room and they should develop a long term vision, instead of short term results to placate shareholders. A bidding war might be imminent as yet … [Read more...] about Barnes and Noble receives second offer to buy the company