Equity Firm Agrees to Buy B&N

Elliott Advisors, which bought the U.K. bookstore chain Waterstones in April 2018, has signed a definitive agreement to buy Barnes & Noble in a deal valued at about $683 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]

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Tribune agrees to purchase by hedge fund for $630 million

Newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 billion Continue reading at ABC News

[ ABC News | 2021-02-17 00:40:46 UTC ]
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Elliott Advisors Buys Wordery, U.K. Online Retailer

Elliott Advisors, owner of Waterstones and Barnes & Noble, has bought Wordery, the online bookselling division of U.K. wholesaler Bertrams. Aurelius, which owns Bertrams, said it was "reviewing its strategic options" for the wholesaler. Continue reading at Publishers Weekly

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US trade urges Daunt to be independent in spirit to revive ailing Barnes & Noble

After Elliott Advisors’ takeover of Barnes & Noble in August, the firm sought the man who turned Waterstones around to right its US acquisition. But what exactly is in James Daunt’s in-tray in New York? Continue reading at The Bookseller

[ The Bookseller | 2019-11-08 05:47:49 UTC ]
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What’s the Next Chapter for Barnes & Noble?

A hedge fund wants to buy the bookstore chain for $683 million, including debt. Will the deal work? Experts from Wharton and elsewhere share their insights. Continue reading at Knowledge@Wharton

[ Knowledge@Wharton | 2019-06-18 18:09:27 UTC ]
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Publishers Wait for Daunt to Take B&N

As Elliott Advisors’ bid for B&N moves forward, publishers pin their hopes on incoming CEO James Daunt. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-14 04:00:00 UTC ]
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A Bidding War for B&N?

According to a report in the 'Wall Street Journal,' Readerlink is considering putting together a bid to top the $6.50 per share offer made by Elliott Advisors. Continue reading at Publishers Weekly

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Elliott to buy Barnes & Noble; Daunt will run both chains

In a seismic shift for the book trade, Elliott Advisors (UK) Limited have entered into a definitive agreement to acquire Barnes & Noble in an all-cash transaction valued at approximately $683m (£537m), including the assumption of debt. Continue reading at The Bookseller

[ The Bookseller | 2019-06-09 06:45:26 UTC ]
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U.K. Investment Group Acquires Barnes & Noble for $683 Million

It's a new--wait for it--chapter for bookseller Barnes & Noble, which will be acquired by U.K. investment firm Elliott Advisors in an all-cash deal worth $683 million. Barnes & Noble joins a portfolio that also includes U.K. bookseller Waterstones, which Elliott acquired in June 2018.... Continue reading at AdWeek

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Barnes & Noble has a buyer—who agreed to pay the $476 million price tag

Beleaguered bookseller Barnes & Noble Inc. has a buyer. Elliott Management Corp. agreed to purchase the chain for $6.50 per share in an all-cash transaction valued about $476 million, plus the assumption of debt, the company said in a statement Friday. Barnes & Noble shares rose as... Continue reading at Advertising Age

[ Advertising Age | 2019-06-07 16:16:58 UTC ]
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Equity Firm Agrees to Buy B&N

Elliott Advisors, which bought the U.K. bookstore chain Waterstones in April 2018, has signed a definitive agreement to buy Barnes & Noble in a deal valued at about $683 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
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Strange bedfellows: what Elliott Advisors wants with Waterstones

Philip Jones reacts to the sale of Waterstones and the trade's concern that a private equity purchase of a book business rarely runs smoothly. Continue reading at The Bookseller

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Waterstones Sold, Daunt to Stay CEO

Elliott Advisors, a U.S. investment firm, has agreed to buy U.K. bookstore chain Waterstones for an undisclosed sum. James Daunt will remain CEO. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-04-26 00:00:00 UTC ]
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Meredith says Koch brothers will not have control after helping finance Time acquisition

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Meredith Corp. to acquire Time Inc. for $2.8 billion

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The Andersons Agree to Buy Books-A-Million

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Reality Check: Sizing Up VC-Backed Publishers' Prospects

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