Barnes & Noble reached a halfway deal with Liberty Media following Liberty’s original takeover attempt. Rather than buy the company, the TV network operator will buy about 16.6 percent of Barnes & Noble’s shares, or about $204 million. In return for the cash infusion, Liberty would get two places on the board of directors. Liberty […]
Aug 19 2011 | Posted in
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Barnes and Noble finished Thursday with surprise word that it had received a buyout proposal from Liberty Media for about $17 per share, or almost $1 billion. The deal would require that Barnes & Noble chair Leonard Riggio stay in his executive position and keep his controlling stake. Officials stressed the notice wasn’t an approval […]
May 20 2011 | Posted in
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