Activist firm Elliott Management to buy Barnes & Noble for ~$683M including debt; in the past five years, B&N has lost more than $1 billion in market value (Lauren Hirsch/CNBC)

Lauren Hirsch / CNBC:
Activist firm Elliott Management to buy Barnes & Noble for ~$683M including debt; in the past five years, B&N has lost more than $1 billion in market value  —  KEY POINTS  —  Activist firm Elliott Management announced Friday it plans to acquire bookseller Barnes & Noble for roughly $683 million, including debt.

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