book2book

  booktrade.info

Search Booktrade.info:  


Saturday 30th August

Book2book Home Book Trade News Trade Announcements Bestseller Lists About Booktrade.info

Barnes & Noble Shares Drop After Riggio Cut His Stake

Posted at 3:44PM Thursday 17 Apr 2014

Barnes & Noble Chairman Leonard Riggio, the bookseller's founder and largest shareholder, cut his stake in the company to 20 percent by selling shares worth about $64 million.

Barnes & Noble's shares fell as much as 10 percent to $16.80 in early trading on Thursday.

Riggio, who once sought to buy the company's core bookstore business, sold 3.7 million shares at $17.30 per share.

PW

cnbc.com




Get book trade news by email

Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now

Find out more


Search the news archive:
 






More Book Trade News

'The Fault In Our Stars' Book Sales Lift Bertelsmann Results
www.hollywoodreporter.com

John Green's YA drama sold 5.7 million copies worldwide this year

Father Raps Plot Of First Harry Potter Book To His Son
www.telegraph.co.uk

Father decided it would be easier to rap than read the book to his son

11-year-old Recreates 1,079-page Novel In Lego
www.telegraph.co.uk

David Foster Wallace's Infinite Jest gets a Lego makeover

Ann Widdecombe's Dancing Detective Is Debut Self-publishing Performance
www.theguardian.com

The former MP's first detective novel spins off from a Strictly Come Dancing-esque TV show called Lively Toes

Aldi takes Roald Dahl book off Australian shelves over the word 'slut'
www.theguardian.com

Supermarket acts after Facebook post complains about language in Revolting Rhymes

Beijing Book Fair 2014: The Sweet Spots
www.publishersweekly.com

Heavy foot traffic along the aisles of the International Hall on the second day of the Beijing International Book Fair bodes well for the exhibitors

Account Sign-In

Most Popular Stories

  1. 11-year-old Recreates 1,079-page Novel In Lego
  2. Martin Amis's holocaust 'comedy' fails to find German publisher
  3. 'The Fault In Our Stars' Book Sales Lift Bertelsmann Results
  4. Aldi takes Roald Dahl book off Australian shelves over the word 'slut'
  5. Father Raps Plot Of First Harry Potter Book To His Son
  6. Ann Widdecombe's Dancing Detective Is Debut Self-publishing Performance
  7. Malorie Blackman Faces Racist Abuse After Call To Diversify Children's Books
  8. Lewis Trilogy Books Set For BBC TV Adaptation
  9. Bruce Springsteen To Publish Children's Book
  10. Beijing Book Fair 2014: The Sweet Spots