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Monday 13th February

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Burkle Defends Nominees, Charges B&N With Distortions

Posted at 6:47AM Tuesday 31 Aug 2010

In the back-and-forth between Ron Burkle and Barnes & Noble for shareholder votes it was Burkle's turn today to defend his slate of board nominees (which includes himself) and charge B&N with making "misstatements and unfounded allegations" in its letter sent to shareholders last week. In particular, Burkle said he and his firm Yucaipa Companies are not working with Aletheia Research & Management to take control of the company and denied that the two firms worked in tandem to take control of A&P as B&N asserted.

PW




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