North Bergen, New Jersey 2/18/2010 1:22:45 AM
News / Business

Exclusive News Announces Barnes & Nobles latest Stock Propositions.

Wall Street Grand’s Newsletter tags Barnes & Noble as the Stock to Watch

Barnes & Noble has announced a request that was made by Billionaire Ron Burkle to obtain more shares that the Major Bookseller respectfully declined… Barnes & Noble Inc. (NYSE:BKS) trades on the “New York Stock Exchange” under the Stock Symbol,”BKS”. For the Latest information regarding “BKS”, make sure to visit the Most Exclusive and In Depth newsletter website at:   http://www.wallstreetgrand.com/.

 

Join today and be part of the best free investment newsletter on the web where we focus on market moving news.

 

Barnes & Noble has rejected a request from major shareholder and Los Angeles billionaire Ron Burkle. Burkle sent a letter to the bookseller seeking to obtain up to 37 percent stake in the company without producing an arrangement. As of now, Burkle and his Yucaipa Cos. possess about 19% of Barnes & Noble shares. According to a filing with the SEC, Barnes & Noble sent a letter to Burkle stating that it would not be in the best interest of its shareholders to let him to acquire more shares without triggering the shareholder rights plan.


You can contact us during market hours at 1-888-9-ClubGrand (1888-925-8247) or via email at staff@wallstreetgrand.com .Gerard@WallStreetGrand.com

 

Safe Harbor

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.

Disclaimer:

 

Wall Street Grand LLC has not been compensated by the company for this press release and does not expect to be compensated in the future for any type of awareness. To read our full disclaimer clicks the link http://www.wallstreetgrand.com/disclosure.html.