Thread: B&N to Evaluate Strategic Alternatives-Sale of Company?
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Old 08-12-2010, 04:54 PM   #59
Kali Yuga
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Quote:
Originally Posted by fjtorres View Post
If I remember correctly Burkle is more interested in the storefronts and warehouses than the Textbook or online businesses....
Perhaps, but he also states that B&N buying Riggio's college bookstore business was actually "self-dealing," i.e. a way for Riggio to provide himself with a $500+ million windfall at B&N's expense.

He may be wrong, he may be right, he may be seizing on a convenient excuse to take over. It's just a continuation of Bad News.
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