News Byte

Barnes & Noble Founder Riggio Bids for Stores but Not Nook

Barnes & Noble founder Leonard Riggio, who still owns 30 percent of the company, has offered to buy the bookseller’s retail operations, but not its Nook e-reader business. The Wall Street Journal forecast Riggio’s offer last night.

Voices

Barnes’s Chairman Mulls Store Buyout

Barnes & Noble Inc.’s chairman and biggest shareholder has expressed interest in buying out the retailer’s consumer-bookstore chain, raising the prospect that the company could be split in two.

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Barnes & Noble Goes on Block

Barnes & Noble Inc. has put itself up for sale, struggling amid a changing landscape for book sales. The nation’s largest bookstore chain announced Tuesday that it was reviewing strategic alternatives and ways to boost shareholder value.