Barnes and Noble has been officially sold to Elliott Advisors; Daunt is new CEO

(Opalesque) The largest activist fund in the world Elliott has completed its $683m acquisition of US book giant Barnes & Noble following approval by the majority of shareholders. Elliott’s acquisition of Barnes & Noble, the largest retail bookseller in the United States, follows its June 2018 acquisition of Waterstones, the largest retail bookseller in the United Kingdom.

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