The sale of West Hollywood-based Bodhi Tree Bookstore by longtime owners Stan Madson and Phil Thompson to Karuana Gatimu and Lori Cutler, which had been in the works for the last few months, has fallen through. Shelf Awareness reported the offer had been “rescinded” but that Madson and Thompson “remain hopeful” another buyer can be found. “We had invested a great deal of hope and optimism in the offer agreement that, after many months of planning and negotiation, has come to naught,” the current owners wrote. “As a consequence, we have re-contacted interested parties in the business to explore opening […]
