2023-07-28 17:45:32 ET
- Barnes & Noble Education Inc ( NYSE: BNED ) on Friday said it has entered into agreement with financial stakeholders and strategic partners to strengthen its financial positions and support growth initiatives.
- As part of the agreement, BNED is establishing a committee of the Board of Directors to continue the ongoing review of a broad range of strategic alternatives available to the company, including but not limited to potential capital raises, asset divestitures or sale of the business as well as pursuing its standalone growth plans.
- BNED +1.52% after hours to $1.269.
- Source: Press Release
For further details see:
Barnes & Noble enters agreement with key financial stakeholders to strengthen financial position