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Liberty Media And Barnes & Noble Part Ways

Posted at 6:26AM Wednesday 09 Apr 2014

In August 2011, Barnes & Noble was in a rough spot. The company's stock was below $10 after having almost touched $50 in 2006. Enter Liberty Media and Chairman John Malone. The leadership at Liberty thought the bookseller's Nook had huge potential as a tablet, reader, and software platform for other devices.

Those dreams turned into brutal reality over the next two-and-a-half years, and last week Liberty sold off most of its shares in Barnes & Noble.

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