The Journal article says that there are bound to be a bunch of bitter investors who bought up Borders stock in anticipation of such an acquisition. Apparently Barnes & Noble was considering such a deal until recently.
We would assume that landlords are happy about such news, as store closures after such a deal would be inevitable. But would the combination have worked?
Borders is looking to end its auction process next month. Who is a likely buyer, if anyone, right now?