(Reuters) Activist hedge fund Sandell Asset Management Corp on Tuesday urged Barnes & Noble Inc (BKS.N) to sell itself, saying the struggling U.S. bookstore chain operator could attract media or internet companies seeking a retail presence. Sandell, which said it had built up a “meaningful” stake in New York-based Barnes & Noble, said the retailer could fetch a price of at least $12 per share in a sale that would take the company private.
Activist Investor Urges Sale of Barnes & Noble
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