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Wednesday, April 7, 2010 as of 11:14 AM ET

Barnes & Noble

Barnes & Noble, Inc. () is the largest book retailer in the United States, operating mainly through its Barnes & Noble Booksellers chain of bookstores headquartered at 122 Fifth Avenue in the Flatiron District in Manhattan in New York City.

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Barnes & Noble Slips After Yucaipa Filing

Shares of Barnes & Noble swung lower Thursday, losing about 12% after a major holder said it would distribute its stake in the bookseller.

In a filing with the Securities and Exchange Commission, Ron Burkle's Yucaipa Funds said they planned to "distribute in-kind the shares of [the company's] common stock" they own. Barnes & Noble fell $2.21 to $16.15 in afternoon action.Copyright © 2012 MarketWatch, Inc....

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