With the April sale of 3.7 million shares of Barnes & Noble common stock by chairman Len Riggio — and the sale earlier in the month of nearly all of Liberty Media’s convertible preferred shares in the bookseller — there were bound to be disclosures on the way about new major holders in the company. On Friday, investor David Abrams and associated hedge funds operated by Abrams Capital Management disclosed ownership of a total of 3.746 million shares in the bookseller, or 6.26 percent of the common stock. Separately, a scan of large holders on Bloomberg indicates that other hedge […]
