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August 26, 2013By Michael Cader

BN’s Klipper Sells Shares

August 26, 2013By Michael Cader

Barnes & Noble retail group ceo Mitchell Klipper sold about two-thirds of his personal shares in the retailer over the past week, taking in roughly $5.6 million for about 400,000 shares. According to the SEC filing, Klipper still controls about 200,000 shares, and has additional interests in the company through his 401(k). A BN spokesperson told the WSJ that a prohibition on stock sales for senior management was removed on August 20 after the company said it was no longer looking at “strategic alternatives” for rearranging their assets, including a possible split of Nook Media and the rest of the […]

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Filed Under: Finance, Personnel

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