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Tuesday, 7 December 2010

Barnes & Noble and Borders Merger Suggested by Borders Group Investor

Today one of Borders’ largest investors outlined a possible bid to buy Barnes & Noble, effectively merging the two booksellers.  According to Barron’s, Barnes & Noble shares rose $2.32 and Borders Group shares rose $1.27 when investors learned of the news.

Jason Boog

Read more (courtesy Mediabistro)

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