Barnes & Noble shares jumped early Friday after the company said it was being acquired by hedge fund Elliott Management.
Elliott Management is acquiring Barnes & Noble for about $683 million including debt, the companies said Friday. While the bookseller has lost half its market value in the last five years, its shares soared Thursday after The Wall Street Journal reported the deal was in the works. Watch Barnes & Noble trade live.
Elliott Management is acquiring Barnes & Noble for about $683 million including debt, the companies said Friday. While the bookseller has lost half its market value in the last five years, its shares soared Thursday after The Wall Street Journal reported the deal was in the works. Watch Barnes & Noble trade live.
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Elliott Management reportedly in lead to acquire bookseller Barnes & NobleThe retailer said last year it was exploring a sale after having received 'expressions of interest' from 'multiple parties,' including its Chairman Leonard Riggio, who founded the company in 1965.
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Barnes & Noble Nearing Deal to Be Acquired by Elliott ManagementBarnes & Noble is nearing a deal to be bought by hedge fund Elliott Management, a move that would end the independence of the nation’s largest bookstore chain.
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Barnes & Noble to Be Acquired by Elliott Management for $6.50 a ShareBarnes & Noble agreed to be acquired by Elliott Management for $6.50 a share in an all-cash deal valued at about $683 million, including the assumption of debt.
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Barnes & Noble to be taken private by Elliott in $683 million dealBarnes & Noble Inc. said Friday it has agreed to be acquired by hedge fund Elliott Advisors UK Ltd. in an all-cash deal valued at about $683 million,...
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Barnes & Noble Inc.BKS | Complete Barnes & Noble Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
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