Why would anyone buy this dump?

Everyone who works here knows that it's on its deathbed.

I seriously doubt Canada's Indigo will be buying BN now. They're having their own share of problems.

So when will bankruptcy happen? Any guesses?

https://www.newswire.ca/news-releases/indigo-reports-third-quarter-financial-results-flat-comparable-sales-despite-aggressive-transformation-program-and-postal-disruptions-858562060.html

https://www.northjersey.com/story/news/business/2018/11/16/indigo-bookstore-short-hills-opens-first-u-s-store/2003481002/

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Im waiting to see how many stores will be closing after the March meeting. It should be shocking.

The Indigo article isn’t really a good representation of where their company is. They got screwed by the Canda post strike last quarter, but they’re still growing and broke a billion dollars for the first time last year. Still, I don’t think they’d buy Barnes and Noble — too big of a purchase. My bet is that Riggio buys out the company to inject money into it, appoints a new CEO, and walks away.

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Why would anyone buy this dump?

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