June 10, 2019 / 8:18 PM / 3 months ago

Readerlink works towards higher bid for Barnes & Noble - WSJ

June 10 (Reuters) - Book distribution company Readerlink LLC is working towards making a bid for Barnes & Nobles Inc that would top hedge fund Elliott Management Corp's agreed price to buy the U.S bookseller, the Wall Street Journal reported here on Monday, citing a source.

Last week, Barnes & Noble said it would be bought by Elliott Management Corp for $475.8 million, making the end of the U.S. book retailer as a public company.

Reporting by Soundarya J in Bengaluru; Editing by James Emmanuel

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