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Barnes & Noble says no approach by Borders

Thu Mar 20, 2008 4:58pm EDT
 
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ATLANTA (Reuters) - Top bookseller Barnes & Noble Inc (BKS.N: Quote, Profile, Research, Stock Buzz) said on Thursday that it had not been approached by Borders Group Inc (BGP.N: Quote, Profile, Research, Stock Buzz) representatives regarding a purchase of its rival, but would take a look if it were contacted.

"We haven't been approached by Borders investment bankers, and if we are, we'll certainly take a good look at the company and put it under review," a Barnes & Noble executive said during its earnings conference call.

Borders said earlier Thursday that it was mulling possible options including a sale or some of all of its businesses.

(Reporting by Karen Jacobs)

 

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