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A comment on Barnes & Noble Set To Be Sold To Elliott Management For About $683M. Parent comment

Re:Barnes & Noble Set To Be Sold To Elliott Management For A... by lalaithion on Friday June 07, 2019 @05:25PM (#20128765)
The story reports that the same company recently bought a British bookseller, and managed to turn a company with losses into a company with profits, so hopefully they can do they same with Barnes and Noble.
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Re:Barnes & Noble Set To Be Sold To Elliott Management For A... by taborj on Friday June 07, 2019 @05:54PM (#20128961)
Private investment firms can have a positive effect, if done right. Most of them are looking to make money in 5-7 years, which means spending some money to get it back to profitability before selling it off (or taking it public).
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