It should be no surprise that the war of words continues in the proxy fight between Ron Burkle and Barnes & Noble, with both sides embarrassing themselves in exaggerting the situation and claiming the mantel of “independence” to which neither is entitled. The most notable part of Yucaipa’s latest response from yesterday to accusations from Barnes & Noble is their continued insistence that “Yucaipa has no plan to acquire control of your company.” They ask why nominating three directors on a nine-person board threatens control of the company, and note that “in a March meeting with two of Barnes & […]