Just as rumors of a merger with Borders Books began to fade, the bookseller is once again in the spotlight as a major stakeholder, Aletheia Research and Management, is embroiled in legal troubles and an SEC investigation.
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Back in September, billionaire Ron Burkle lost his proxy war with Barnes & Noble’s board, failing to kill the poison pill that kept him from upping his stake in the company. That made Wednesday’s shareholders meeting all but a …
A bitter proxy fight climaxed at Tuesday’s shareholder meeting. In the end, B&N Chairman Len Riggio’s defeat of dissident shareholder Ron Burkle was more fait accompli than 11th-hour surprise. And it left lots of questions unan…