Books

Borders to Buy Barnes and Noble?

Borders may buy Barnes and Noble—although, tellingly, the news was overshadowed by the opening of Google’s online bookstore Monday. A major shareholder at Borders is proposing to help finance a takeover of its much larger rival, Barnes and Noble. Merging into a giant bookseller would help the companies save money through economies of scale. The shareholder is offering to finance a bid at $16 a share.