Delaware Supreme Court rejects Burkle’s appeal in Barnes & Noble suit
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Dover, Del. -- The Delaware Supreme Court has rejected an appeal by billionaire Ron Burkle in a lawsuit challenging a poison pill plan adopted by Barnes & Noble after he doubled his stake in the company. After hearing arguments Wednesday, the court on Thursday affirmed a judge's ruling last year upholding the poison pill plan, which limited a shareholder's stake in the company to 20%.
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- People:
- Ron Burkle
- Places:
- Dover, Del.
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