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Barnes & Noble Founder Drops Bid To Buy Out The Struggling Bookstore Chain

Remember how Barnes & Noble founder, chairman and stake holder Leonard Riggio was going to swoop in on wings made of cash and buy back the struggling chain, saving it from the doom met by Borders? That shining hope has fizzled, it appaars, as Riggio has taken back his offer to swoop, buyout and generally act as savior in general. [More]