Barnes & Noble Inc (BKS.N) said it would spin off its college books unit and keep its Nook tablets and e-book business, instead of spinning off a combination of the two.
Breaking News
Liberty Media announced selling a controlling stake in Barnes & Noble without disclosing the price and the potential bidders for the transaction, said a Reuters report.
Illinois, US-based book retailing giant Barnes & Noble confirmed that it eliminated jobs across the company, but denied eliminating their Nook hardware engineering division, contrary to a report from Business Insider.
Barnes & Noble's sales weakened after CEO Leonard Riggio cancelled his offer to purchase stores.
Subscribe to VCpost newsletter
Most Popular
- SSDI Payment April 2024: Who Will Receive Social Security Benefits Today?
- Brazilian Woman Wheels Her Dead Uncle Into the Bank to Withdraw Loan in His Name
- Trump Media’s First Auditor Quits After Just a Few Months on the Job: Report
- Tesla Spends $200,000 in Promoting Elon Musk's Social Media Platform X Following Mention of 'Minimal Advertising Efforts'
- UPDATE: Google Employees Arrested and Fired After Staging Protests Over Company's Project Nimbus Deal With Israel
- Social Security Benefits: 2025 COLA Predicted to Increase Amid Rising Inflation
- Spirit Airlines Staff at Florida Airport Filmed Cursing a 'Karen' Passenger After Moaning About Her Flight
- Navigating Tariff Tides: A Conversation with Jim Pratt on Supply Chain Strategies Ahead of 2024 Elections
