Hedge Fund News From HedgeCo.Net


Barnes & Noble to be bought by hedge fund Elliott in $683 million deal

(Reuters) – Barnes & Noble Inc said on Friday it would be bought by hedge fund Elliott Management Corp in an all-cash deal valued at about $683 million, including debt. Shareholders of the once-dominant U.S. book retailer would be paid $6.50 per share, representing a premium of about 42% as of Wednesday’s close.

To read this article:

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply