Barnes and Noble has always been an attractive acquisition target for their Nook or bookstore division. In 2011 Liberty Media initiated a powerplay to buy the chain of retail stores, but settled for a 17% stake in the company. They paid close to $204 million dollars for the equity and it looks like they have had enough. Liberty is selling off 15% of their ownership of B&N and … [Read more...] about Liberty Media Sells 15% Stake in Barnes and Noble
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Liberty Media Invests in Barnes and Noble
Liberty Media, after much deliberation, has decided to purchase 12 million shares or a %16.6 stake in Barnes and Noble. The struggling bookseller has received a liquid capital investment of over $204 million dollars. Earlier on in May Liberty Media wanted to straight up buy Barnes and Noble for one billion dollars. The original deal obviously did not go through, but it was a … [Read more...] about Liberty Media Invests in Barnes and Noble