1. Barnes and Noble Spikes After Reportedly Being Approached About Going Private

    Barnes and Noble Spikes After Reportedly Being Approached About Going Private
    • Barnes and Noble's shares are up 11.4% to $7.35 after a report from the Wall Street Journal says the company has been approached about going private.
    • The proposal came from activist investor Sandell Asset Management, with a potential deal offer of $750 million, including debt.
    • There are multiple hurdles to overcome if the proposal is to work, including arranging $500 million in debt financing...
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