Good stuff, eh?
Tonight we see this fight going into round two.
ISS endorses Burkle slate in Barnes & Noble fight
Institutional Shareholders Services Inc. recommended shareholders vote for Mr. Burkle’s slate of three—including Mr. Burkle himself—to replace the three directors on the board.
A second proxy firm has weighed in on Barnes & Noble’s proxy fight with one of its largest shareholders, billionaire Ron Burkle, this time favoring Mr. Burkle’s slate of directors a week before shareholders meet and vote.
Institutional Shareholders Services Inc. said in a report Monday that shareholders should vote for Mr. Burkle’s slate of three—including Mr. Burkle himself—to replace the three directors up for election or re-election Sept. 28.
Last week, another proxy advisory firm, Glass Lewis & Co., recommended voting for Barnes & Noble’s slate of directors, which includes Chairman Leonard Riggio.
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