book2book

  booktrade.info

Search Booktrade.info:  


Friday 27th March

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

Liberty Media's About Face On Barnes & Noble

Posted at 8:05AM 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

Russell Brand Donates Revolution Book Profits To New Era Cafe
www.theguardian.com

Comedian turned activist opens social enterprise that will employ recovering drug addicts on east London housing estate that fought off evictions

2015 Times/ Chicken House Children's Fiction Competition Winner
doublecluck.com

Laurel Remington wins with The Secret Cooking Club For Girls

Survey Says Median Author Advance In UK Under £6,600
publishingperspectives.com

But larger publishers pay around £13,000

Independent Bookshop Week Book Award 2015 Shortlists Announced
independentbooksellersweek.org.uk

The shortlist of ten adult titles and twelve titles in both the children's categories will be judged by two separate judging panels comprising authors, booksellers and journalists

Diagram Prize: Strangers Have The Best Candy Wins Odd Title Award
www.bbc.co.uk

Winner from seven-strong shortlist receives a "passable bottle of claret"

Hohenemser Literaturpreis Winner
www.complete-review.com

€10,000 prize will go to Que Du Luu for 'Das Fest des ersten Morgens'

Account Sign-In

Most Popular Stories

  1. Choc Lit And Whole Story Audiobooks Announce Winner Of Their Search For A Star Competition
  2. The Orwell Prize 2015 Longlists Announced
  3. Amazon, Beware: How Print-it-yourself Technology Could Save Publishing
  4. Amazon Makes Even Temporary Warehouse Workers Sign 18-month Non-Competes
  5. Cover For Harper Lee's Mockingbird Sequel Revealed
  6. PA's New And Improved Copyright Infringement Portal Goes Live
  7. Godmother Of Modern Scandinavian Crime Fiction To Present Petrona Award
  8. 12 Things You Never Knew About The Harry Potter Series
  9. HarperCollins Inks Content Deal With Playster
  10. Quality Crime Fiction From Across Scandinavia Is Shortlisted For The 2015 Petrona Award