Barnes & Noble shares soar on report of privatization offer
NEW YORK (AP) — An activist investor has proposed taking Barnes & Noble private but the company does not consider the offer genuine, the book chain said Thursday. Its shares soared on the report. Sandell Asset Management approached the company with a proposal valuing it at more than $650 million, the company said. The proposal would require debt financing of about $500 million, according to the bookseller. Sandell's CEO previously said the chain would be better served if it were private or part of a larger company. Читать дальше...