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Barnes & Noble reviewing offers to sell company

Oct 3, 2018 | 5:00 PM

NEW YORK — The board of Barnes and Noble says it is reviewing the company’s future after several parties expressed interest in buying it.

The company said Wednesday that its board appointed a special committee to review the offers.

One of the interested parties is its founder and chairman, Leonard Riggio, who is credited with turning Barnes & Noble into a superstore.

The bookseller has long been struggling with increasing competition from Amazon and has been reducing staff over the last year.