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Barnes & Noble 2, Ron Burkle 0
wsj ^ | September 28, 2010 | Shira Ovide

Posted on 09/28/2010 9:42:51 PM PDT by george76

Ok, Ron, now what?

Investor Ron Burkle on Tuesday suffered a double loss in his fight against Barnes & Noble. Shareholders beat back his proposals to elect him and two other director nominees, and his suggestion to raise the threshold for the company’s poison pill that has been the source of tension between Burkle and the bookseller.

Burkle is the second-largest holder of Barnes & Noble shares, and so far he isn’t going quietly.

In a statement, his Yucaipa Cos. blamed the loss of the shareholder vote on an “insurmountable insider voting advantage” for Barnes & Noble founder Len Riggio and his allies...

(Excerpt) Read more at blogs.wsj.com ...


TOPICS: Business/Economy; News/Current Events; US: California; US: New York
KEYWORDS: barnesnoble; billclinton; burkle; calpers; clinton; democrats; media; ronburkle; yucaipa

1 posted on 09/28/2010 9:42:52 PM PDT by george76
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To: george76

Burkle is an evil swine.


2 posted on 09/28/2010 9:47:00 PM PDT by Frantzie (Imam Ob*m* & Democrats support the VICTORY MOSQUE & TV supports Imam)
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To: george76

Have never thought of Barnes & Noble as a victim. Can you say die hard leftists...


3 posted on 09/28/2010 9:51:03 PM PDT by Deagle
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To: Deagle; Grampa Dave; Liz

These lefties all deserve each other.

Hopefully, they beat each other up for a long time.


4 posted on 09/28/2010 9:57:36 PM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: Frantzie

Evil swine bump!


5 posted on 09/28/2010 10:03:10 PM PDT by calcowgirl ("In politics the middle way is none at all." -- John Adams)
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To: calcowgirl

Burkle is Bill Clinton’s buddy


6 posted on 09/29/2010 3:14:30 AM PDT by scooby321
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To: george76

There is nothing like a great cat fight between limp wristed liberals like this:


7 posted on 09/29/2010 8:53:17 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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