Barnes & Noble has an extraordinary heritage, one that we want to protect and grow. or 4 interest-free installments of 17.50 by â. Paul Best, Portfolio Manager and Head of European Private Equity at Elliott, added, “Our investment in Barnes & Noble, following our acquisition of Waterstones just over a year ago, demonstrates our commitment to bookselling and to real bookstores. Barnes & Noble Brass Polar Bear Bookends factory sealed New: Condition: New. Bring your library to life with these sweet silhouetted bookends. For Dad’s home office, the gift offerings include unique desk accessories like sculpted eReader and smartphone holders shaped like real hands, and exclusive leather-bound tablet. I look forward very much to working with the booksellers at Barnes & Noble, being already indebted to Len Riggio for his wisdom and grateful for the welcome and professionalism of the executive team during the acquisition process.” For the avid reader, Barnes & Noble offers bookends in styles as varied as modern and whimsical Jonathan Adler daschunds to classical Homer and Aristotle busts. With investment and concentration on the core principles of good bookselling, the prospects for this extraordinary company are bright. Barnes & Nobles Bookends 2pc Reload this page for updates Product ID: 126429389 Number of Bids:2 (High Bidder: b1) Current Price:11.00 Bid Increment. Barnes & Noble is the greatest of all bookstore names and will now benefit from the support of an owner committed to physical bookselling. James Daunt, CEO of Barnes & Noble said, “This is a very good day for bookselling. Elliott will own both Barnes & Noble and Waterstones and, while each bookseller will operate independently, James Daunt will serve as CEO of both companies and relocate from London to New York. Elliott seeks to build upon this strong foundation as it addresses the significant challenges facing the bricks and mortar book retail space in the United States, applying a model that successfully turned around Waterstones over the past decade. Today, Barnes and Noble has officially announced they have been fully acquired by Elliott, the same Hedge Fund that owns the largest bookseller in the UK, Waterstones.īarnes & Noble serves 627 different communities across all 50 states, where it remains the #1 bookseller in the United States.
The bookseller formed a committee to explore selling the company and it has paid off. The company has had 5 different CEO’s in the past 7 years and various turnaround strategies have all failed. Barnes and Noble has been in trouble for a very long time.
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