Barnes & Noble says it did not get any other bids before Elliott's deadline [Reuters (UK)]
BARNES & NOBLE (BKS)
Last barnes & noble earnings: 11/30 08:30 am
Check Earnings Report
US:NYSE Investor Relations:
barnesandnoble.com
Company Research
Source: Reuters
Barnes & Noble says it did not get any other bids before Elliott's deadline - Reuters 2 Min Read (Reuters) - Barnes & Noble Inc said on Friday it had not received any other offers from prospective bidders before Elliott Management’s “keep-shop” deadline. Elliott, which offered $475.8 million to take the bookstore retailer private, had a provision that allows the hedge fund to be entitled to a payment of up to $4 million if the retailer struck a deal with a third party before the deadline. Thereafter, the breakup fee will be $17.5 million. “I can confirm that we received no other bids before last night’s (Thursday) 11:59 PM (ET) deadline,” a spokeswoman for Barnes & Noble said. Barnes & Noble investor Richard Schottenfeld said on Thursday the bookstore chain is worth more than Elliott’s recent offer and he may engage in discussions with the company’s board for its sale. The U.S. bookstore chain has been exploring options for a buyout since last October, with multiple parties showing in
Show less
Read more
Impact Snapshot
Event Time:
BKS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BKS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BKS alerts
High impacting BARNES & NOBLE news events
Weekly update
A roundup of the hottest topics