Barnes & Noble Studies Bid for Borders
By Jeffrey A. Trachtenberg writing in The Wall STreet Journal
By Jeffrey A. Trachtenberg writing in The Wall STreet Journal
Barnes & Noble Inc., the nation's largest book chain by sales, has assembled a team of executives and advisers to study the possibility of acquiring No. 2 chain Borders Group Inc., according to a person familiar with the situation.Whether such a deal would pass antitrust hurdles is unclear. Barnes & Noble has about 20% to 22% of the retail book market, while Borders controls 10% to 12%, estimates Albert Greco, a professor at the Fordham Graduate School of Business
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