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November 21, 2008 4:19:26 AM CST



Book Giant Weighs Bid for Chief Rival

Posted May 21, 08 2:36 AM CDT in Business 

(Newser) – Barnes & Noble is mulling a possible bid for its nearest rival, Borders, reports the Wall Street Journal. America's biggest book chain, with 22% of the market, has assembled a team of 30 executives and experts to study a takeover of the second biggest, with 12% of the market. Such a takeover would likely raise anti-trust issues.

Source Wall Street Journal

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Inside the Union Square Barnes & Noble. America's biggest book chain is mulling a takeover of the second biggest, Borders.   (AP Photo/Mark Lennihan)
Barnes & Noble is laying the groundwork for a takeover bid for rivals Borders.   (AP Photo/Carolyn Kaster)
Borders has about 12% of book sales in the US. Rivals Barnes & Nobles is considering a possible takeover.   ((c) GigHarborUndressed)
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