Riggio wins battle with Burkle over Barnes & Noble
Barnes & Noble chairman Leonard Riggio has won a bitter proxy war with Ron Burkle. Riggio has the support of 44 percent of voting shareholders, which prevents Burkle, the owner of the Yucaipa Companies private equity firm, from joining the Barnes & Noble board and buying out the company. Riggio said that Barnes & Noble will now be looking for interested buyers.
29 September 2010•4 mins read
