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August 24, 2020By Michael Cader

Barnes & Noble Education Is Finished Considering A Sale

August 24, 2020By Michael Cader

After a lengthy investigation that started last December following “a number of unsolicited inquiries,” the Barnes & Noble Education board has once again found that it is doing a terrific job and has formally ended any consideration of a sale. “An exhaustive strategic review was undertaken and completed,” the release says. Fortunately, “At the same time, the company also made significant progress towards implementing and executing its digital transformation strategy, which further enhanced the company’s importance and relevance to its customers, particularly given the post-COVID-19 shift to remote learning.” Independent director Vice Admiral John R. Ryan says in the announcement, […]

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Filed Under: Booksellers, Earnings Reports, Finance, M&A

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