Barnes & Noble Backs Off Borders Bid

August 18th, 2008

According to a story in the Wall Street Journal, Barnes & Noble Inc. has decided not to pursue an acquisition of number two book seller Borders Group, Inc.  Concerns about the length of some of Borders’ store leases was reportedly one of the reasons for B&N’s decision.  Reuters  (Aug. 14, 2008)

Tags: ,

Leave a Reply