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Technology Stocks : barnesandnoble.com (BNBN)

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To: rita labella who wrote (630)10/8/1999 7:09:00 PM
From: Glenn Petersen  Read Replies (1) of 766
 
"where do you think the cash to pay for it is coming from?"

It is coming out of the BKS credit line. Regardless, it is a bad deal for BKS and adds nothing to BNBN. Read the press release:

biz.yahoo.com

"Barnes & Noble, Inc. expects to finance the acquisition under its existing $850 million senior credit facility."
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