Seeking Alpha

Barnes & Noble (BKS) +1.8% AH after shareholder G Asset Management offers to buy 51% of the...

Barnes & Noble (BKS) +1.8% AH after shareholder G Asset Management offers to buy 51% of the company's college bookstore business for $460M. The business, which B&N bought for $596M in 2009, is a cash cow, but its sales fell 3% Y/Y in the January quarter, as online competition begins to have an impact.
Comments (1)
  • Papaswamp
    , contributor
    Comments (2219) | Send Message
     
    Yikes!…college books are a dead business. Everything will be on a kindle or iPad in 3 yrs or less. Big Publishing companies are already on board.
    17 Mar 2012, 09:55 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs