After a lengthy and expensive proxy battle against Ron Burkle’s Yucaipa Cos., Barnes & Noble shareholders voted to keep Len Riggio as Chair at their annual meeting this morning.
Tag Archives: Barnes & Noble
There’s a longish piece in NY Mag about the battle between Ron Burkle and Len Riggio over control of Barnes & Noble.
Amazon is misquoted/taken out of context in the artice, it says that Amazon claimed to sell more eBooks than physical editions, they actually reported selling 180 eBooks to every 100 hardcovers in the months of April-June (paperbacks were not included). We posted that announcement here.
as stock has fallen 20% since January and the retail book market becomes increasingly vulnerable, the nation’s largest bookseller considers selling to a private group of investors led by the chain’s founder and chairman Len Riggio.
Post Scriptum- This coupled with the previous post reminds me of Alanis Morissette for some reason, you remember, I know you do.