Skip to content
August 4, 2010 / Raffy Pekson II

Barnes & Noble May Be Up for Sale

Photo by grilledcheese at Flickr

Barnes & Noble said Tuesday that it was exploring a possible sale of the company, PCMag reports.

The company’s board “intends to evaluate strategic alternatives, including a possible sale of the company, in order to increase stockholder value.” Lenard Riggio, the company’s founder and largest stockholder, has informed the board that he may be interested in forming an investor group to acquire the company.

Read more at PCMag

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: