Barnes & Noble shares jumped early Friday after the company said it was being acquired by hedge fund Elliott Management.
Elliott Management is acquiring Barnes & Noble for about $683 million including debt, the companies said Friday. While the bookseller has lost half its market value in the last five years, its shares soared Thursday after The Wall Street Journal reported the deal was in the works. Watch Barnes & Noble trade live.
Elliott Management is acquiring Barnes & Noble for about $683 million including debt, the companies said Friday. While the bookseller has lost half its market value in the last five years, its shares soared Thursday after The Wall Street Journal reported the deal was in the works. Watch Barnes & Noble trade live.
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Barnes & Noble Inc.BKS | Complete Barnes & Noble Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
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