Barnes & Noble Considers Sale

The Barnes & Noble board of directors stated Tuesday, August 5, 2010 that it will consider the sale of the nationwide bookstore chain in a “bid to increase shareholder value.” The board says that Barnes & Noble shares are “significantly undervalued.” The company is still “exploring all strategic alternatives,” and plans to invest $140 million to increase digital sales. Before the announcement, Barnes & Noble stock was selling at $12.84 ...Read More

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