Thursday, October 4, 2018

Barnes & Noble to explore a sale - Chicago Business Journal

Who do you think it is?
Panzer had hardly gotten into the Catosphere when the Panzermobile was buffeted by screaming and crying and gnashing of teeth. Following all the noise took our brave kitty boy to the Chicago Business Journal. There he found a post about the possible sale of Barnes and Noble.

According to the post by Gina Hall, Barnes and Noble is considering a sale of the company. Chairman Leonard Riggio has expressed interest in purchasing the company. It also appears someone or another company is buying up Barnes and Noble's stock. Barnes and Noble has put into place "a short-term shareholders rights plan" to try "to dilute an outsider's holdings."

Panzer says, "It sounds like a hostile takeover attempt to this little kitty."

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

To read the post tootle over to Barnes and Noble

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