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Court approves Barnes & Noble’s purchase of Tattered Cover
Book News: Court approves Barnes & Noble’s purchase of Tattered Cover
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Court approves Barnes & Noble’s purchase of Tattered Cover
Jul 31 2024
On July 30, a federal bankruptcy court approved Barnes & Noble’s acquisition of Tattered Cover, setting the stage for the next chapter in the renowned bookstore’s history. The move marks a swift close for B&N’s $1.83 million acquisition bid for the embattled indie, announced last month, which includes four stores in Denver and will allow Tattered Cover to keep its name and branding and retain a majority of the store’s roughly 70 current employees.
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