Barnes & Noble corporate spinoff to embody 3 Pittsburgh stores

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Barnes and Noble Booksellers in Manhattan’s Union Square.

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Three college bookstores in Pittsburgh will shortly be partial of a opposite company.

Barnes Noble Inc. is spinning out a college sell business into a separate, publicly traded association to be called Barnes Noble Education.

The new association will embody 3 of a Barnes Noble College stores now in Pittsburgh, during Point Park University, Duquesne University and Carlow University.

The association announced a devise in and with a filing with a U.S. Securities and Exchange Commission to spin off Barnes Noble Education as a apart company, a pierce that includes 714 stores on college campuses via a country.

Barnes Noble continues to work 7 of a normal bookstores in a Pittsburgh marketplace as well, of that there are 649 nationwide, along with a Nook digital division.

The association indicates a pierce is approaching to concede “each business to optimize a vital opportunities.”

In : Business

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