While Amazon is investing in their in-house publishing program, Barnes & Noble is headed in the opposite direction as part of their repositioning as a technology company, with bankers currently eliciting bids for Sterling Publishing. The WSJ reported the development on Wednesday, citing “people familiar with the situation,” and a BN spokesperson would not comment. But sources with direct knowledge of the offering indicate to us indicate that it has been in circulation for at least two months if not longer. Someone acquainted with the sale’s progress indicates that there is considerable interest in the company. There will be at […]
