The May edition of Electric Press – Literary Insights magazine led with a feature on Waterstones, the UK bookstore.
This is the latest news.
The hedge fund (Elliott), owner of the UK’s largest book
chain, Waterstones, has bought Barnes & Noble, the biggest chain in the US.
The UK arm of the $35bn Elliott Management hedge fund plans
to install James Daunt, the Waterstones boss, in New York as chief executive of
both chains, with the two brands retained and operated separately.
Barnes & Noble’s founder and chairman, Leonard Riggio,
said Waterstones and Elliott were “uniquely suited to improve and grow our
company for many years ahead” and promised to work with Daunt for a smooth
The start of May gave birth to the first edition of Electric Press, the literary insights magazine and, thanks to you, the magazine has already made a big impact on the literary world.
You can read the current Electric Press here.
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