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Thursday, August 4, 2011 - 11:42am
Is There A Nook And A Crack In The Deal For Barnes & Noble?
Back in early May, Liberty Media (NASDAQ: LCAPA) announced it had put an offer to Barnes & Noble, Inc. (NYSE: BKS) to buy 70% of the company, at $17 per share. Initially shares of Barnes & Noble spiked on the news, moving towards $20 per share, higher than the initial bid. Then some got...
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Barnes & Noble (BKS) Refuses Burkle's Request To Increase Stake
Wednesday, February 17, 2010 - 2:30pmThe board of directors of Barnes & Noble Inc. (NYSE: BKS) unanimously voted against the request of Ronald Burkle, managing partner of the investment firm Yucaipa Cos., to acquire 37% of the company. Burkle's company currently holds 19% of Barnes & Noble's common shares but Barnes &...
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Large Part Of Barneys Debt Acquired By Burkle
Friday, November 20, 2009 - 12:44pm
The Wall Street Journal reports that Ronald Burkle has invested to a large extent in Barneys New York recently with his Yucaopa Cos. The billionaire investor has bought the company’s secured term loan from Citigroup Inc.(NYSE: C) for around 60 cents on the dollar. This investment will make Mr....
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