B&N Considering Borders Acquisition

Mac Slocum
May 21, 2008 | Permalink | Comments (0) | Listen

When Borders announced its exploration of "strategic alternatives" in March, speculation marked Barnes & Noble as a possible suitor. The Wall Street Journal says B&N is taking that speculation seriously -- it's assembled an advisory team to study an acquisition of its brick-and-mortar competitor. From the WSJ:

That Barnes & Noble is contemplating a bid illustrates how competitive book retailing has become ... Not only have Amazon and other Web retailers taken a significant portion of the $15 billion consumer book business, but also book sales have shown little real growth in recent years.

(Via Publishers Weekly)

Categories:

TOC Comment Guidelines

Stay Connected

	TOC RSS Feeds News Posts Commentary Posts Combined Feed New to RSS?
	Subscribe to the TOC newsletter.
	Follow TOC on Twitter.
	Join the TOC Facebook group.
	Join the TOC LinkedIn group.
	Get the TOC Headline Widget.