Apparently activist shareholder Bill Ackman has offered to help finance the deal which should help because sometimes financing can kill these deals. Borders and Barnes and Noble are big competitors. They were located a block away from each other in Albany, NY for years but then Barnes and Noble built a new larger store and Borders gave up and closed their store. The only problem is Barnes and Noble is much larger than Borders. One analyst stated it was like a guppy trying to swallow a whale.
Since Borders does not have any bookstores nearby hopefully the Barnes and Noble store in The Villages would be kept open if the merger/purchase does occur.
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