Sep 2, 2010 @ 9:00:00 am
In a letter to shareholders filed with the S.E.C., Barnes and Noble's board of directors write that they believe Los Angeles-based investor Ronald Burkle has "a self-serving agenda to seize control of Barnes and Noble," and outline actions that the shareholders can take to thwart the coup. They write: "Burkle has provided no strategic vision and offered no plan for the Company’s future. Instead, he continues to take conflicting positions, hoping shareholders will be taken in. We think only one conclusion is clear—you cannot believe what Burkle says, and you certainly do not want him in