Barnes & Noble Education, which has worked hard to perform even more poorly than the Barnes & Noble retail operation since the two split apart almost 4 years ago, now finds itself the focus of its own strange potential sale. Bay Capital Finance, which appears to be focused on real estate development, says it has been trying trying to acquire the company outright since earlier this year. On Monday, they filed suit in Delaware’s Chancery Court, asking for their nominations of five independent directors to the BNED board to be put before shareholders at the annual meeting. Bay Capital says […]
