Barnes & Noble was just bought out by a hedge fund

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Barnes & Noble was just bought out by a hedge fund
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Hedge fund Elliott Management has announced that it plans to acquire bookseller Barnes & Noble for roughly $683 million, including debt.

Hedge fund Elliott Management announced Friday it plans to acquire bookseller Barnes & Noble for roughly $683 million, including debt.

Amazon holds nearly half of new book sales, a report by audience research Codex Group said last year, while Walmart has about 4.2 percent of the market

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