.In mid-June, our team blogged about just how the Tattered Cover bookstore had applied for personal bankruptcy, as well as how it had actually allowed Barnes & Royalty’s provide of $1.83 million.On July 30th, the federal insolvency courtroom the sale was waiting on accepted Barnes & Royalty’s acquisition of the indie book shop, that includes four shops in Denver. Ragged Cover is going to be enabled to keep its own label, marketing, and also its own almost 70 workers in the switch.Barnes & Royalty chief executive officer James Daunt stated that the bookstore would be actually ran through its personal shop supervisors, telling the Denver Gazette, “Our experts only must reconstruct Scruffy Cover to be a fantastic book store. They will be doing it, not our team.”.To read more concerning Barnes & Noble’s most recent achievement, go to Publishers Weekly or even the Denver Gazette.Locate more information and also stories of passion from guide planet in Breaking in Publications.