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- noun Plural form of
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Liberty may only need approval from B&N's special board committee and a majority vote from shareholders to seal this deal.
The Russian-built Bushehr reactor has received international approval due to Russia's involvement in the supply and disposal of the fuel and international oversight from the U. N's nuclear watchdog.
Iran: Nuclear Power Plant to Produce Electricity Mid-February
Sales declined 0.6% to $1.89 billion from $1.90 billion in the year-earlier quarter, with the biggest drop occurring at B&N's college stores.
That increased his stake slightly, to 19.74%, just a little below B&N's 20% "poison-pill" trigger.
Gabelli & Co. analyst Brett Harriss estimates B&N's book stores generated $220 million in Ebitda in fiscal 2011, while the college chain made $120 million.
Associated Press Nook devices bolstered B&N's online sales.
B&N's positioning itself as the plucky underdog to its giant competitor in Seattle represents a complete role reversal from the mid-1990s, when Amazon which launched in July 1995 was attracting media attention, a growing army of customers, and multimillions in venture capital.
At that time, Leonard Riggio, B&N's chairman and chief executive officer, told Mr. Bezos he was interested in buying part or all of Amazon.com, according to Tom Alberg, an early Amazon investor and a member of its board of directors.
Mr. Riggio and his brother Stephen, then B&N's vice chairman and chief operating officer, "started calling Jeff," recalled Mr. Alberg.
As Credit Suisse analyst Gary Balter has noted, there is a scenario under which B&N's earnings before interest, taxes, depreciation and amortization could more than double from fiscal 2011's expected levels to nearly $500 million over time.
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