Barnes & Noble's Owner Buys Paper Source - Publishers Weekly

 Today was a quick trip into the Catosphere for Panzer. He stopped in at the Publishers Weekly site where he found a post about Barnes and Noble.

 

According to Jim Milliot's post, Elliott Investment Management has purchased bankrupt Paper Source. Elliott Investment Management owns Barnes and Noble bookstores. Elliott plans to run the two companies separately; however, Barnes and Noble CEO James Daunt will oversee both companies.

 

Separate but equal? Right.

Panzer says, "Hmm ... Do you suppose Paper Source might start to carry books and ereaders?"

 

Note: This is a short post. Bring half a cup of tea for your reading enjoyment.

 

To read the post tootle over to Paper Source