Business

April 21, 2011 12:00 AM

Landlord outbids founder in auction for Lexington's Joseph-Beth bookstore

In a shocking turn, the company that manages The Mall at Lexington Green pulled his financial support from the president of Joseph-Beth Booksellers and outbid him for the bulk of the well-known book chain at its bankruptcy auction Wednesday. Robert Langley of Langley Properties and Neil Van Uum of Joseph-Beth were the only two bidders at Wednesday's auctions who planned to continue operating the stores, Van Uum said after the auction concluded Wednesday night.

Related content

Comments

Videos

More Videos

Brown-Forman introduces new bourbon Coopers' Craft <span class='title-duration'>01:36</span> 01:36

Brown-Forman introduces new bourbon Coopers' Craft 01:36

Cabela's Lexington store preview <span class='title-duration'>00:47</span> 00:47

Cabela's Lexington store preview 00:47

A first look inside Lockbox restaurant <span class='title-duration'>08:41</span> 08:41

A first look inside Lockbox restaurant 08:41

Super Bowl ads - by the numbers <span class='title-duration'>02:51</span> 02:51

Super Bowl ads - by the numbers 02:51

Preview: 2016 Super Bowl commercials <span class='title-duration'>00:48</span> 00:48

Preview: 2016 Super Bowl commercials 00:48

Derby: Wednesday on the backside <span class='title-duration'>01:12</span> 01:12

Derby: Wednesday on the backside 01:12

Trench accident kills 1 on Todds Road <span class='title-duration'>00:31</span> 00:31

Trench accident kills 1 on Todds Road 00:31

Bernie Sanders rally In Louisville <span class='title-duration'>01:42</span> 01:42

Bernie Sanders rally In Louisville 01:42

Bill Clinton says Kentucky has been good to his family <span class='title-duration'>03:04</span> 03:04

Bill Clinton says Kentucky has been good to his family 03:04

Bill Clinton at UK <span class='title-duration'>03:48</span> 03:48

Bill Clinton at UK 03:48

Derby: Tuesday on the backside <span class='title-duration'>01:12</span> 01:12

Derby: Tuesday on the backside 01:12

Share Video

Editor's Choice Videos