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barnesnoble.bsky.social
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@barnesnoble.bsky.social
One bookseller not officially associated with Barnes and Noble
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tldr; Elliott Management is basically buy up failing but brand recognizable companies (like Barnes and Noble) because it’s cheap, churns out a few million bucks to siphon into their political investments, then kicks the company to the curb.
Yes, Barnes and Noble is one of the last barriers between Amazon’s monopoly on books. But the hedge fund that owns B&N funded Project 2025
When I look at their investments over the last several years... it’s PRIMARILY to hard right Republican groups. The Senate Leadership Fund got the most amount of money out of all of Elliott Management's donations last year. Like double what all the other funds got. So I look into the SLF...
April 22, 2025 at 1:05 AM
In 2019 Barnes and Noble got bought by Elliott Management (owned and run by Paul Singer). They buy businesses that are failing and promise to spruce them up. It’s "activist" behavior because the alternative option is for the business to just fails and the CEOs run away with all the big bucks.
April 21, 2025 at 11:36 PM
[account is a work in progress]
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January 23, 2025 at 8:21 AM