Hedge fund Elliott Management has announced that it plans to acquire bookseller Barnes & Noble for roughly $683 million, including debt.
Hedge fund Elliott Management announced Friday it plans to acquire bookseller Barnes & Noble for roughly $683 million, including debt.
Amazon holds nearly half of new book sales, a report by audience research Codex Group said last year, while Walmart has about 4.2 percent of the market
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Barnes & Noble to Be Acquired by Elliott Management for $6.50 a ShareBarnes & Noble agreed to be acquired by Elliott Management for $6.50 a share in an all-cash deal valued at about $683 million, including the assumption of debt.
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