MILWAUKEE, June 7, 2019 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating the Board of Barnes & Noble,
Inc. (NYSE: BKS) for possible breaches of fiduciary duty and
other violations of the law in connection with the sale of BKS to
Elliott.
Click here to learn how to join the action:
http://ademilaw.com/case/bks or call Guri Ademi toll-free at 866-264-3995.
There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges BKS financial outlook is
improving and yet BKS shareholders will receive only $6.50 per share. Elliott is purchasing BKS
at a substantial discount. The merger agreement unreasonably
limits competing bids for BKS by prohibiting solicitation of
further bids, and imposing a termination penalty if BKS accepts a
superior bid. BKS insiders will receive millions of dollars as part
of change of control arrangements. We are investigating on the
conduct of BKS's board of directors, and whether they are (i)
fulfilling their fiduciary duties to all shareholders, and (ii)
obtaining a fair and reasonable price for BKS.
If you own common stock in BKS and wish to obtain additional
information, please contact Guri
Ademi either at gademi@ademilaw.com or toll-free:
866-264-3995, or
http://ademilaw.com/case/bks.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi & O'Reilly, LLP