Waterstones and Barnes & Noble owner looks to list booksellers on stock market

US hedge fund Elliott thought to prefer IPO in London over New York, which could be welcome boost to UK stock marketBusiness live – latest updatesThe owner of Waterstones and Barnes & Noble is reportedly preparing to list the booksellers on the stock market.Elliott Investment Management, the hedge fund that owns the most popular bookstores in the US and the UK, has spoken to potential advisers about an initial public offering (IPO), the Financial Times reported. Continue reading...