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Originally Posted by SensualPoet
It might make sense to keep both brands but merge back-end and supply systems.
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I have my doubts that the Borders brand is worth all that much. I expect Borders to get folded into B&N.
Quote:
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Originally Posted by SensualPoet
Burkle is pretty much out of the picture as far as B&N is concerned; the question is what sort of bath he'd take at $16 a share.
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Ya know, not sure I see it that way. He owns 20% and has not expressed an interest in selling out. Riggio owns 60% so I expect he's planning to sell a chunk. In the meantime, the same shareholder vote that blocks Burkle from buying more shares apparently also blocks the board from issuing shares to give to Riggio.
Re: international business, most of their international stores are gone, including all stores in the UK.