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Corporate: Jana Drops Barnes & Noble; Bertelsmann Eyes US and Internet; Allen & Unwin Talks to Murdoch

September 12, 2012
By Michael Cader

As of August 31, Jana Partners no longer held any shares in Barnes & Noble, the company disclosed in an SEC filing on Tuesday. The investment firm, which owned 7 million shares of the bookseller when they first filed disclosure forms in April, still held a little over 4 million shares as of their most recent previous filing at the end of June. BN’s stock has been trading near a 52-week low over the past three weeks. At Bertelsmann‘s annual meeting gathering hundreds of executives companywide in Gutersloh, Germany, ceo Thomas Rabe said “the group does ‘not have all the […]

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Filed Under: Bookstores, Finance, International News

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