Reported today by
The Wall Street Journal. (Article is behind a paywall.)
Coverage by CNBC here:
Elliott Management reportedly in lead to acquire bookseller Barnes & Noble
Quote:
Elliott Management is the lead bidder for bookseller Barnes & Noble in a deal that could be announced as soon as later this week, The Wall Street Journal reported on Thursday.
Barnes & Noble shares were briefly halted on the news, and surged more than 24% when trading resumed. Talks among Elliott and other companies bidding for Barnes & Noble are still underway and a deal is not guaranteed, the Journal reported, citing people familiar with the matter.
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