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Global Deals Review: Q4 2009

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Barnes & Noble says no approach by Borders

ATLANTA
Thu Mar 20, 2008 4:58pm EDT

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ATLANTA (Reuters) - Top bookseller Barnes & Noble Inc (BKS.N) said on Thursday that it had not been approached by Borders Group Inc (BGP.N) representatives regarding a purchase of its rival, but would take a look if it were contacted.

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"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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