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Non-Tech : Borders Group (BGP)
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To: Glenn Petersen who wrote (404)5/23/2008 9:05:44 AM
From: John Vosilla   of 411
 
'Analysts say the deal could bolster Barnes & Nobles' bottom line at a price tag, including debt, of well over $1 billion.'

Yahoo has an enterprise value for Borders a little over $900M so that isn't a huge premium over current price..

'There's likely to be less opposition from independent bookstore owners to a Borders deal. Ingram was in essence a common supplier, not a competitor, to both Barnes & Noble and independent booksellers. Borders is just another big chain.'

Interesting..My first thought was the FTC would never allow this.
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