Barnes and Noble for Sale?

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When hardcover sales began to dwindle a few years ago, there was talk that Barnes and Noble would either sell or swallow up a major competitor.

The possibility of the sale of B&N comes as a surprise since they recently ramped up their digital book sales by opening an ebook store with more than a million titles and launching the ebook reader, The Nook, the most formidable competitor to the Kindle.

Have any idea who would buy B&N? I would not be surprised if it were Amazon. What do you think?

From Book Business magazine – Aug. 4, 2010



A “for sale” sign may soon be hanging in the window of bookstore giant Barnes & Noble Inc., the company announced today.

According to a press release issued this morning, Barnes & Noble’s Board of Directors “intends to evaluate strategic alternatives, including a possible sale of the company, in order to increase stockholder value. The Board came to this decision based on the price of Barnes & Noble shares in the marketplace, which the Board believes are now significantly undervalued.” >more

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Comments

  1. On August 04, 2010 World Wide News Flash says:

    Barnes and Noble May Be for Sale | OUTER BANKS PUBLISHING GROUP…

    I found your entry interesting do I’ve added a Trackback to it on my weblog :)

  2. On August 11, 2010 Ryan says:

    When a company first becomes successful it’s due to the reaction in the marketplace to their products. But what happens when the market shifts and they don’t? The Chicago Tribune and Barnes & Noble are prime examples of what happens when you try to stick to your Success Formula.
    http://bit.ly/bSvPl3

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