Wall Street Journal. The deal would be with hedge fund Elliot Management Corporation, which also owns U.K. book chain Waterstones. The likely plan is for the two chains to remain separate, but to have Waterstones CEO James Daunt, who’s had success in turning around the U.K. book chain, run both. Barnes & Noble currently operates 627 stores; Waterstones has 290.
The Journal attributed the information to "people familiar with the matter," but cautioned that no deal or a different deal may close.
Barnes & Noble had its best comp quarter in years over the holidays, but lowered guidance for 2019 (see "Barnes & Noble Lowers Guidance").
To Owner of Another Bookstore Chain
Posted by Milton Griepp on June 7, 2019 @ 2:55 am CT
Ongoing Monthly Chronicles Strange Events in Michigan Town
June 17, 2019
Dark Horse Comics has announced the next addition to its critically-acclaimed Berger Books imprint, Everything , an ongoing dark fantasy monthly comic written by Christopher Cantwell with art by I.N.J. Culbard.
Annuals for Ghost Spider, Moon Knight, & Wolverine Due in September
June 17, 2019
Marvel has revealed the cover art for the final three Acts of Evil annuals that will be released in September. The Acts of Evil annuals feature Marvel heroes facing off against enemies they have never encountered before.