Quantcast
Channel: Bookbrowse News About Books, Authors, and Book-Related Topics
Viewing all articles
Browse latest Browse all 2427

B&N may drop the Nook; chair Leonard Riggio considering buying bookstore chain

$
0
0
Leonard Riggio, Barnes & Noble's chairman and largest shareholder, with 30% of the company's common stock, is exploring the possibility of buying out B&N's bookstore chain.

Additionally, an unnamed source told the New York Times Barnes & Noble is considering a move away from engineering and building devices and toward a focus on licensing content to other device makers.

"They are not completely getting out of the hardware business, but they are going to lean a lot more on the comprehensive digital catalog of content," said this person, who asked not to be identified.

Viewing all articles
Browse latest Browse all 2427

Latest Images

Trending Articles



Latest Images