August 6 was the closing date for the tender offer for Barnes & Noble shares, and Elliott Advisors reports that approximately 82 percent of all shares outstanding were tendered. Those shares — and with it the entire BN — are paid for today, August 7, and Barnes & Noble has officially become a “privately held, indirect wholly-owned subsidiary of Elliott.” The bookseller’s shares will no longer trade on the New York Stock Exchange. In the announcement, Elliott reiterates that it “seeks to build upon this strong foundation as it addresses the significant challenges facing the bricks and mortar book retail […]
Bookstores
People, Etc.
Sarah New will join Knopf as publicist starting August 6. She was previously associate publicist at Bloomsbury. At Workman Publishing, Amanda German has been promoted to gift sales coordinator. Ally McNamara becomes sales coordinator within the trade sales department. Katharina Gadow has joined as national accounts manager, online sales. Most recently, she was national account manager at DK Publishing. Lindsey Smith has joined Speilburg Literary Agency as agent representing pop culture, lifestyle, and prescriptive nonfiction. Previously, she co-founded a small press and created the Launch Your Dream Book course at the Institute for Integrative Nutrition. Nick Wright has joined Bonnier Books UK as […]
People, Etc.
Gary Jansen will join Loyola Press on August 1 as executive editor, acquisitions. Most recently, he was executive editor and director of Image Books. At Berkley, Jin Yu has been promoted to deputy director, marketing. Allison Hellegers will join Stimola Literary Studio on August 12 as literary agent and subrights director, representing middle-grade, young adult, and select adult fiction and nonfiction. Previously, she was foreign rights director and US co-agent for Rights People for 10 years. Vintage Anchor publisher Anne Messitte wrote a longer remembrance of vice president, executive director of publicity and social media Russell Perreault, who died on […]
People, Etc.
At Orbit, Nivia Evans has been promoted to editor and Hillary Sames to assistant editor. Eva Zimmerman has joined Chronicle Children’s as publicist. Previously she freelanced, as Eva Zimmerman PR, and worked at the Perseus Book Group. KJ Grow has been promoted to publisher of Shambhala. Lauren Rosenthal has joined Pegasus Books as publicist. She was previously publicity and book marketing assistant at Hay House. Hachette UK coo Chris Emerson has resigned for “personal reasons” after 11 years with the company. Obituaries Russell Perreault, vp/executive director of publicity and social media at Vintage Anchor, died at his home in Connecticut […]
Odd Battle at Barnes & Noble Education Continues; B&N Retail Supplements Disclosure
The investor dispute over Barnes & Noble Education recorded another round of dueling press releases. Agitating investor Bay Capital Finance, which says it currently has beneficial ownership of a modest 25,000 shares in BNED, announced its intention to file a preliminary proxy statement with the SEC to solicit votes for the five people they want to nominate for election to the retailer’s board at the upcoming annual meeting. The record date for eligibility to vote at the annual meeting is July 29. Earlier this month, Bay Capital filed suit in Delaware to put forward their board nominees, after the company […]
Bookselling: Another Amazon Store, and a Replacement Barnes & Noble
Further to our report earlier in July that Amazon is hiring staff for a new, unspecified physical store in Detroit (either a Books store or a 4-Star outlet), the company is now similarly hiring for another new store in Houston. Separately, in line with earlier indications, Barnes & Noble has opened a new roughly 14,000-square-foot store at Cityplace in Woodbury, MN, taking the place of a larger, nearby store that closed on Tuesday.