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Barnes & Noble Set To Be Sold To Elliott Management For About $683 Million

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The sign for a Barnes & Noble bookstore hangs above the entrance to one of its locations in Brooklyn earlier this year. The book retailer and Elliott Management Corp. announced Friday that they have agreed to a sale price of about $683 million.

That price tag includes all of the book megachain's debt. Elliott's acquisition of the largest retail bookseller in the U.S. comes less than a year after it bought Waterstones, the largest in the U.K.

(Image credit: Drew Angerer/Getty Images)


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