Thursday, April 26, 2018

Waterstones Sold, Daunt to Stay CEO - Publishers Weekly

Panzer had barely gotten into the Catosphere when suddenly the Panzermobile was buffeted by the sounds of crying and shouting. Following all the noise took our brave kitty to the Publishers Weekly (PW) site. There he discovered a post about the sale of Waterstones.

Just curious about what's next.
According to the Publishers Weekly post by Ed Nawotka, Waterstones has been sold to American investment group Elliot Advisors. No information about the purchase price is available. The U.K. bookstore chain promises no stores will close. The rumor about a future purchase by Amazon was denied by CEO James Daunt.

Panzer says, "Hmm ... This little kitty was wondering about that rumor too."

Note: This is a shortish-medium length post. Bring a cup of tea and a muffin for today's reading selection.

To read the post tootle over to Waterstones

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