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The Elliott Management Corporation will buy embattled bookseller Barnes & Noble for $683 million. The move marks Elliott's second major splash in the book world. Last June, the company acquired Waterstones — the largest retail bookseller in the U.K.

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Goodbye bookstores it was nice while it lasted 😢

This is disappointing news. B&N makes great e-readers and let's u purchase and own actual content. Even with my Prime account at Amazon, my books always came from B&N.

TheDeekins

tonyhoehner ☝️ Looks like B&N will be the next victim of the great hedge fund killing spree.

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