Barnes & Noble is top bidder for Tattered Cover, source says

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Barnes & Noble is top bidder for Tattered Cover, source says
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Tynin Fries joined The Denver Post in 2018 as an intern. Then, she joined the team as a Digital Strategist and was promoted to Deputy Director of Audience in 2022. She is a proud ASU Cronkite alumna (#godevs)! In between producing news and writing stories, Tynin is out exploring all that Colorado has to offer.

Longtime customer Michael Schmale looks over the book shelves at the Tattered Cover Book Store on East Colfax Avenue in Denver on Thursday, April 25, 2024. The beloved Denver company could soon be sold to Barnes & Noble, which made the top initial bid ahead of Monday’s bid deadline, according to a source familiar with the process.

Tattered Cover opened in Cherry Creek in 1971, three years before it was bought by its best-known owner, Joyce Meskis. She turned it into an institution, a community gathering place and a bastion of First Amendment advocacy before selling it in the mid-2010s. Eight people or companies expressed enough interest in Tattered Cover by mid-May that they were willing to sign non-disclosure agreements in exchange for a look at the company’s books. At that time, a June 10 bid deadline and June 12 auction date were set.“The bankruptcy case and proposed sale process have been extensively covered in the media and publishing world.

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