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Burkle's Yucaipa Cos. Files Complaint Against Barnes & Noble

NEW YORK – (AP) Los Angeles billionaire Ron Burkle's Yucaipa Cos. has filed a complaint against Barnes & Noble Inc., saying the bookseller's shareholder rights plan is unfair and directors have breached fiduciary duties. Burkle and his Yucaipa Cos. own about 19 percent of the company's...

Reports: Barnes & Noble To Settle With Investor Burkle

NEW YORK - (AP) Barnes & Noble will settle a lawsuit filed by investor Ron Burkle so it can avoid a costly proxy fight and concentrate on selling off the company, according to news reports. The book seller will add two independent directors to its board and assign another seat to Burkle's firm...