3 Firms Steer Elliott's $683M Barnes & Noble All-Cash Buy

By Adam Rhodes (June 7, 2019, 3:22 PM EDT) -- Bookseller Barnes & Noble said Friday it has agreed to be purchased by funds advised by Elliott Advisors (UK) Ltd. in a $683 million all-cash deal, steered by Baker Botts, Paul Weiss and Debevoise, that has already been unanimously approved by the bookseller's board.

Barnes & Noble Inc. said it is being acquired for $6.50 per share in a deal that also includes the assumption of debt. According to Friday's statement, which touts Barnes & Noble as the largest retail bookseller in the U.S., the deal is the product of a strategic review by a special committee of the bookseller's board...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!