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March 19, 2012By Michael Cader

Investor Tries New Path For Barnes & Noble Break-Up; Flammarion Bidding Moves Forward

March 19, 2012By Michael Cader

Investor Michael Glickstein of G Asset Management, 30, who has been writing letters to the Barnes & Noble board for almost a year asking for a break-up of the company, is trying a new approach. In his newest letter, Bloomberg reported Friday, Glickstein at least theoretically offered to “buy” half of Barnes & Noble College in a spinoff of that division. It’s not clear that G Asset, which appears to be a one-man shop, has available the assets or borrowing power to make such an offer. (G Asset has declared ownership of a modest number of shares of BN stock, […]

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Filed Under: Bookstores, Finance, International News

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