https://www.bloomberg.com/news/featu...die-bookseller
New CEO aims to shake things up and seems to have the money backing him up. I love to see a player give competition to Amazon but also fear that they’ve burned too many bridges for this not to be another waste of money.
Kudos for Elliot’s board for choosing a more interesting CEO. As the article states, choosing leaders from dying companies didn’t seem to be helping things...