Barnes & Noble Spikes After Barron's Warns Against Low Bid
March 04, 2013 at 13:31 PM EST
Shares of Barnes & Noble (NYSE: BKS ) rallied Monday after Barron's mentioned the company over the weekend. In an article entitled, “ Beware a Low Bid for Barnes & Noble ,” Barron's argues that the board shouldn't let its founder and chairman, Leonard Riggio, “steal” the retail business. Specifically, Barron's