Inside the Australian and New Zealand book industry

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Barnes & Noble chairman proposes to buy bookstore chain

In the US, Barnes & Noble’s chairman and largest shareholder Leonard Riggio has proposed a buy-out of B&N’s bookstore chain, reports Publishers Weekly. Riggio, who holds 30% of the company’s common stock, told the board of directors that he wants to buy ‘the retail business’ but not the ‘Nook Media...

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Category: International news