Mary Ellen Keating News
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Barnes & Noble Inc. jumped the most in a year following a report that Microsoft Corp. is planning to offer $1 billion to buy the Nook Media unit.
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Barnes & Noble Inc.’s founder and chairman, Leonard Riggio, told the bookstore chain he is interested in buying its consumer business and spinning out the unit that makes the Nook tablet, a person familiar with the matter said.
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For Barnes & Noble Inc. founder Leonard Riggio to take his bookstores private, he may need to write a check for more than the entire company’s market value.
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Adelphia Communications Corp. was illegally coerced through the use of commercial loans by Citigroup Inc. , Credit Suisse Group AG and other banks trying to get lucrative investment banking work, a lawyer seeking recovery for the defunct cable television company’s creditors said.
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Another Barnes & Noble Inc. investor called for the largest U.S. bookstore chain to spin off its Nook digital unit into a public company to boost shareholder value.
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Royal Bank of Scotland Group Plc’s interest-rate traders were seated with one of the main rate setters in its London office to share information, and discussed rates on conference calls, a fired trader said.
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Barnes & Noble Inc. said the biography of Steve Jobs that went on sale today is on track to be the biggest-selling adult book of the year.
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Barnes & Noble Inc. , which makes the Nook electronic reader and sells books from its website, sued Xerox Corp. and Alcatel-Lucent SA over demands the bookseller pay royalties for patents.
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Barnes & Noble Inc., the largest U.S. bookstore chain, said there’s “no truth” to speculation that Liberty Media Corp. is preparing to buy the rest of the retailer.
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Zain Fancy, who joined Och-Ziff Capital Management Group LLC from Morgan Stanley in 2008, sued two units of the New York-based hedge fund manager in Singapore, claiming they withheld $7.9 million in pay and stock that he was owed.
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