James Patterson Giving Cash to Bookstores

February 20, 2014 2:29 AM

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James Patterson Giving Cash to Bookstores

Independent bookstores, with their paper-thin profit margins and competition from Amazon, have found themselves a Daddy Warbucks.

The best-selling author James Patterson has started a program to give away $1 million of his personal fortune to dozens of bookstores, allowing them to invest in improvements, dole out bonuses to employees and expand literacy outreach programs.

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