Notes: B&N Studying Borders Purchase; Campaign Readers
Barnes & Noble "has assembled a team of executives and advisers to study the possibility of acquiring" Borders Group, the Wall Street Journal reported. Borders put itself up for sale two months ago; some "30 people" have expressed enough interest to sign confidentiality agreements or are negotiating to sign them, the paper added.
Among B&N's apparent concerns: Borders's store leases, store locations near B&N stores and possible antitrust hurdles. The paper quotes our favorite book industry statistician, professor Al Greco, who estimates B&N's market share at 20%-22% and Borders's at 10%-12%.
The New York Times captured an image of Senator Barack Obama on the tarmac openly carrying The Post-American World by Newsweek international editor Fareed Zakaria (Norton). The likely Democratic presidential nominee appeared to be halfway through the new book.
Story time at Joseph-Beth Booksellers, Lexington, Ky., featured a surprise guest reader yesterday. The Herald-Leader reported that Chelsea Clinton read What I Like About Me by Allia Zobel-Nolan to a dozen children.
According to marketing manager Rachel Ray, the bookstore received confirmation of the visit at about 10 p.m. on Monday.
The Herald-Leader also noted that "not everyone at the event was a Hillary Clinton supporter. [Frankie] Vanderwier voted for Clinton's opponent, U.S. Sen. Barack Obama, before taking her granddaughter to story time."
TODAYShow.com asked readers to share "what irks them about strangers' kids," and included among the responses was, "I seen kids scream to the top of their lungs in book stores while people are trying to read."
China's education ministry plans to send 800,000 counseling books to children affected by the devastating earthquake last week. China View reported that, "as of Tuesday noon, the first 50,000 books had been sent to students in hard-hit Mianyang city in southwest Sichuan province, where classes have resumed in tents. The ministry said other books were being printed and sent to students in other areas of Sichuan, Gansu and Shaanxi provinces. The books were specially written by a dozen experts in child psychology after the quake on May 12."
Mark W. Pitts has been named v-p of sales for the Americas at Lightning Source, a new position at the Ingram Content company. He was formerly director of Glatfelter's book publishing papers business unit and has worked at Glatfelter, a specialty papers and engineered products company, for many years. Earlier he was a purchasing manager for Doubleday.