Barnes & Noble, Inc. Merger Litigation (NYSE: BKS)

Law Office of Brodsky & Smith, LLC Announces Investigation of Barnes & Noble, Inc. 
 
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Barnes & Noble, Inc. (“Barnes & Noble” or the “Company”) (NYSE - BKS - News) relating to the proposed offer by Liberty Media Corp. (“Liberty”).  
 
Under the terms of the transaction, Barnes & Noble shareholders would receive $17.00 in cash for each share of common stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Barnes & Noble by not acting in Barnes & Noble shareholders' best interests in connection with the sale process to Liberty. The transaction may undervalue Barnes & Noble as Barnes & Noble stock traded at $18.59 on May 23, 2011 and an analyst has set a price target of $20.00 per share on Barnes & Noble stock. In addition, Barnes & Noble’s chairman has been invited to take part in the proposed buyout. 
 
If you own shares of Barnes & Noble stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, or by calling toll free 877-LEGAL-90. 

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