Explore Offer Comes from a National Nonprofit Group
A collection of national nonprofits that fight for such causes as the environment, social justice and consumer protection might be the new owner of Aspen’s Explore Bookstore soon. The Aspen Times reports the group known as the Public Interest Network has a contract to buy Explore Booksellers and the attached restaurant for $5 million. In order for the deal to go through a Texas bankruptcy judge must approve it in the case of Samuel Wyly who owns the store. Over the past 30 years, the Public Interest Network has held events in Aspen and been fans of Explore. Officials with the group say the survival of an independent bookstore meshes with its mission. The Texas judge is expected to review the offer today. If approved, the sale of Explore is expected to close on January 16th.