LJNDawson.com, Consulting to the Book Publishing Industry
Book Publishing Industry Consultant

Will the Riggios Buy Borders?

Not till the Borders brothers grovel at Len's feet, but PW does raise the question. The rumor of B&N buying Borders has been around at least as long as I was working there (1998-2001), and nothing's been done about it yet. Another rumor: that Borders build the 57th Street store directly on Len's route into the city so he would fume all the way to his offices about Borders's incursion into his turf.

It's cute, but I don't think so.

B&N hasn't had such a great year itself, and while Len is busily snapping up stock (as Cader reports), who knows if he's got enough pocket change left to buy his competitor right now?

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