The Ron Burkle Mystery: Why Does He Even Care About Barnes & Noble?

Mark Lacter's blog - Forbes: "Beverly Hills billionaire Ron Burkle may or may not win the battle for Barnes & Noble’s (NYSE: BKS) three board seats, but he’s most certainly losing the war. With the company’s annual meeting less than a week away, shares are down more than 5 percent this morning, or a drop of better than 30 percent from its 52-week high. That suggests investors are voting with their feet rather than waiting for this drawn-out and expensive proxy fight to be resolved. ... "