Leonard Riggio

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Chairman Looks to Buy Back Barnes & Noble

Leonard Riggio looking to acquire retail business, not Nook

(Newser) - Struggling Barnes & Noble might get bought by the very man who started the chain 40 years ago. Leonard Riggio, who bought the Barnes & Noble name and flagship location in the 1970s and turned it into the country's biggest bookseller, told the company's board today that... More »

Book Giant Weighs Bid for Chief Rival

Barnes & Noble checks out Borders

(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... More »

B&N Chief Gives $20M for Katrina Relief

Money will support building of 20 new houses

(Newser) - The chair of Barnes & Noble and his wife are donating $20 million to New Orleans in what may be the biggest Katrina relief project yet, the AP reports. Leonard Riggio said today that the funds will build 20 new houses in a racially mixed neighborhood for lower-income families. Those... More »

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