Barnes & Noble Board Of Directors Ponders Selling The Company (GalleyCat)

The Barnes & Noble board of directors announced they are considering selling the company — along with other “strategic alternatives” that might “increase stockholder value.” Founder Leonard Riggio has expressed interest in assembling a group of investors to buy the bookseller. The board was disappointed in what they saw as the company’s “significantly undervalued” stock, and nominated a special committee for “evaluating strategic alternatives.”

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