B&N had their annual meeting and Len Riggio, B&N Chair and Founder, would not say about splitting the company, about dividends or about why he said no to buying the retail giants.
Recognizing B&N needs new strategies to continue moving forward, all Riggio could emphasize was that “everything is on the table; we’re looking at all the doors. How we proceed depends on the opportunities we encounter. Some of you tell me you want a dividend, or a special dividend; others say sell one of the companies or others say split up the company. There are a lot of possibilities and not all of them mesh.”
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