.In mid-June, our company wrote about exactly how the Tattered Cover book shop had applied for bankruptcy, and also exactly how it had taken Barnes & Noble’s provide of $1.83 million.On July 30th, the government personal bankruptcy courtroom the purchase was arranging permitted Barnes & Royalty’s accomplishment of the indie book store, that includes four shops in Denver. Tattered Cover will be actually permitted to keep its label, branding, and its virtually 70 employees in the transition.Barnes & Noble CEO James Daunt specified that the book store would certainly be actually ran by its own outlet managers, saying to the Denver Gazette, “We only have to rebuild Scruffy Cover to be a terrific book store. They will certainly be actually doing it, not our team.”.To read more regarding Barnes & Noble’s most current acquisition, check out Publishers Weekly or the Denver Gazette.Discover a lot more news and stories of rate of interest from guide planet in Breaking in Publications.