Barnes & noble education adopts short-term stockholder rights plan

Basking ridge, n.j.--(business wire)--barnes & noble education, inc. (nyse: bned), a leading solutions provider for the education industry, today announced that its board of directors has approved the adoption of a short-term stockholder rights plan and declared a dividend distribution of one preferred share purchase right on each outstanding share of the company's common stock. the rights will be exercisable only if a person or group acquires 10% or more of the company's outstanding common.
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