Barnes &amp Noble’s Acquisition of Independent Book Store Approved by Court

.In mid-June, we blogged about just how the Tattered Cover bookstore had actually applied for personal bankruptcy, and also exactly how it had actually allowed Barnes &amp Royalty’s deal of $1.83 thousand.On July 30th, the government personal bankruptcy courtroom the sale was actually arranging permitted Barnes &amp Royalty’s acquisition of the indie book shop, that includes 4 outlets in Denver. Tattered Cover will be permitted to keep its name, advertising, as well as its own nearly 70 staff members in the switch.Barnes &amp Royalty chief executive officer James Daunt said that the bookstore will be ran by its personal store supervisors, telling the Denver Gazette, “Our company just must fix Tattered Cover to be a fantastic book shop. They are going to be actually doing it, certainly not us.”.To read more about Barnes &amp Royalty’s newest achievement, browse through Publishers Weekly or even the Denver Gazette.Locate extra updates and also accounts of enthusiasm from the book world in Breaking in Manuals.