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Will Leonard Riggio, B&N's founder and chairman be ousted?
Sep 27 2010
Billionaire Ron Burkle has a fighting chance of ousting Barnes & Noble Inc's founder and Chairman Leonard Riggio from the top U.S. bookseller's board and taking a director's seat.
If Burkle doesn't win at Tuesday's shareholder meeting, sources tied to this bitter, high-profile battle say he is likely to come back with a bid for the ailing store chain. Either way, investors must brace themselves for a rough ride.
News Corp will officially split into two companies June 28(May 24 2013) As expected, News Corp has announced it will officially split its publishing and entertainment businesses on 28 June.
Its board approved the...