book2book

  booktrade.info

Search Booktrade.info:  


Wednesday 30th July

Book2book Home Book Trade News Trade Announcements Bestseller Lists About Booktrade.info

Liberty Media's About Face On Barnes & Noble

Posted at 9:05AM Saturday 05 Apr 2014

Liberty Media is reducing its 17% stake in bookseller Barnes & Noble in a deal rumored to be worth over $250 million that will close on April 8. Liberty will divest itself of all but 10% of its current shares and will relinquish one seat on the board. It will also be giving up its ability to prevent the company from selling off any of its divisions.

Barnes & Noble shares were down nearly 14% today in trading following the news. Liberty's investment in Barnes & Noble was seen by many observers as a vote of confidence for the bookseller.

Forbes

Barrons: Barnes & Noble: Back to Being a Bookstore?




Get book trade news by email

Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now

Find out more


Search the news archive:
 






More Book Trade News

2014 PEN Literary Award Winners
www.pen.org

PEN Awards celebrate some of the most outstanding voices in literature, spanning a wide array of genres and including both distinguished and emerging writers alike

Prison Book Ban: Grayling Faces Flood Of Books As Campaigners Step Up Protest
www.politics.co.uk

Send Chris Grayling books, urge campaigners against prison ban

Harlequin Results Down; Sale To Close In Days
www.publishersweekly.com

Parent company, Torstar, reported that sales for the second quarter ended June 30, 2014 fell C$6.4 million to C$96.4 million

Wolters Kluwer Posts Rise In First-half Profit
online.wsj.com

Dutch Publisher Reiterates Full-Year Guidance

Shortlist Announced For Deanston Scottish Crime Book Of The Year 2014
www.bloodyscotland.com

The 2014 shortlist was compiled from entries with help from Waterstone's staff and readers across Scotland

Amazon Announces $2 Billion Investment In India
www.business-standard.com

It's an all-out war between Amazon and Flipkart

Account Sign-In

Most Popular Stories

  1. Amazon Reveals What's Behind Its Feud With Hachette
  2. How Print Is Slowly Killing Publishers
  3. Blue Peter Book Awards 2015 - Call For Submissions
  4. Kim Kardashian Publishing A Selfie Book
  5. Kirklees Considers 'Nuclear Option' As UK Libraries Holocaust Continues
  6. Baileys Women's Prize For Fiction Reveals Top 20 Most Influential Books By Women
  7. Google Is Helping James Frey Build A Multimedia Sci-fi Juggernaut
  8. Amazon Announces $2 Billion Investment In India
  9. Surprising Self-Publishing Statistics
  10. Amazon Joins With Alloy Entertainment On Digital Publishing Imprint