Barnes & Noble’s Special Committee Announces its Financial & Legal Advisors

10/23/18

NEW YORK--(BUSINESS WIRE)--Barnes & Noble, Inc. (NYSE: BKS) today announced that its previously-announced Special Committee of the Board of Directors assigned to evaluate strategic alternatives for the Company has selected Evercore as its financial advisor and Baker Botts L.L.P. as its legal advisor.

The formation of a Special Committee was announced on October 3, after the Company disclosed expressions of interests from multiple parties, including its Chairman Leonard Riggio.

All expressions of interest or inquiries are being directed to Anthony Magro and John Kimm of Evercore.

About Barnes & Noble, Inc.

Barnes & Noble, Inc. (NYSE: BKS) is the nation’s largest retail bookseller, and a leading retailer of content, digital media and educational products. The Company operates 629 Barnes & Noble bookstores in 50 states, and one of the Web’s premier e-commerce sites, BN.com (www.bn.com). The Nook Digital business offers a lineup of popular NOOK® tablets and eReaders and an expansive collection of digital reading and entertainment content through the NOOK Store®. The NOOK Store (www.nook.com) features digital books, periodicals and comics, and offers the ability to enjoy content across a wide array of popular devices through Free NOOK Reading Apps™ available for Android™, iOS® and Windows®.

General information on Barnes & Noble, Inc. can be obtained by visiting the Company's corporate website at www.barnesandnobleinc.com.

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