Black Booksellers Hurt and Angered by Tattered Cover Announcement
Earlier this week, Len Vlahos and Kristen Gilligan, previous owners of Tattered Cover, one of the country’s most iconic bookstores, sold the store to Kwame Spearman and David Back. Spearman and Back formed a limited liability company, Bended Page, with “a diverse group of Colorado-based investors and national bookselling and publishing experts” on board. The thirteen investors include Oren Teicher, the retired CEO of the American Booksellers Association and John Sargent, departing Macmillan CEO. Teicher and Sargent are among a seven-member board of directors, headed by Back, its chair, and Spearman, installed as the store’s CEO. Image via Tattered COver …
