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Barnes & Noble's Borders Bid Sounds Finished

The Wall Street Journal has a report that Barnes & Noble's management isn't interested in acquiring Borders Group, which put itself up for sale in March. The Journal article says that there are bound to be a bunch of bitter investors who bought up Borders stock in anticipation of such an acquisition....

By Ian Ritter | Updated on August 14, 2008

The Wall Street Journal has a report that Barnes & Noble’s management isn’t interested in acquiring Borders Group, which put itself up for sale in March.The Journal article says that there are bound to be a bunch of bitter investors who bought up Borders stock in anticipation of such an acquisition. Apparently Barnes & Noble was considering such a deal until recently. We would assume that landlords are happy about such news, as store closures after such a deal would be inevitable. But would the combination have worked?Borders is looking to end its auction process next month. Who is a likely buyer, if anyone, right now?

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