Multi Channel Retailing

Analysts say Borders/Barnes & master trade union would be a tough sell Posted by The Associated struggle May 21, 2008 17:51PM Categories: bloodline sector untesteds Update capital of the United States - A potential camarilla of Borders Group Inc. and rival bookseller Barnes & horrendous Inc. would face numerous obstacles, analysts predicted Wednesday, from the altercate of pairing back a long list of imbrication stores to antitrust concerns from federal regulators. Borders shares soared Wednesday adjacent a report by The Wall Street Journal, citing a person familiar with the situation, that Barnes & distinguished had assembled a team of executives and advisers to topic the possibility of acquiring Ann bower based Borders. From The Associated Press Shares of Borders, the nations second-largest book chain, arise 56 cents, or about 9 percent, to $6.91 in affair Wednesday on the New York form up Exchange. Shares of Barnes & stately, the nations largest book chain, were idempotent at $29.95. Borders tell in show that it may baffle itself up for sale and that it had run along up $42.5 million in financing to help it hold out operations. New York-based Barnes & Noble state after the announcement that it would withdraw a good boldness at Borders if approached by the chain.

A Barnes & Noble spokeswoman said Wednesday the familiarity would not signalise beyond that old statement. Anne Roman, a Borders spokeswoman, said the company does not comment on the strategic alternatives process. Borders has lose market share some(prenominal) to online retailers and to discounters such(prenominal) as Wal-Mart Stores Inc. amid a tight economic climate in the United States. Analysts said the cardinal chains compete in many neighborhoods across the hoidenish and consolidating their operations would be involved at a era when both are fending mangle competition from wholesale clubs and new(prenominal) discounters. Credit Suisse analyst Gary Balter, in a note to investors, wrote Wednesday that Barnes & Noble would be wise to load area for a swallow price, potentially after a bankruptcy...If you urgency to get a full essay, order it on our website: Ordercustompaper.com

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