Barnes & Noble (BKS) Declares $0.15 Quarterly Dividend; 11% Yield

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Go back to Barnes & Noble (BKS) Declares $0.15 Quarterly Dividend; 11% Yield

Barnes & Noble (BKS) announces formal review process to evaluate strategic alternatives

October 3, 2018 4:17 PM EDT

Barnes & Noble, Inc. (NYSE: BKS) today announced that its Board of Directors has decided to enter into a formal review process to evaluate strategic alternatives for the Company. This decision follows expressions of interest from multiple parties in making an offer to acquire the Company, including from the Companys Chairman, Leonard Riggio.

The Board of Directors has appointed a Special Committee of independent directors, comprised of Mark Carleton, Paul Guenther, Patricia Higgins and Kimberley Van Der Zon, to lead the strategic review process. The Special Committee will be advised by... More