Is Barnes & Noble worth $1 billion? Liberty Media thinks so


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by Tom Cheredar

Liberty Media proposed a deal late Thursday to buy the largest U.S. book retailer Barnes & Noble for $1.02 billion through the purchase of the company’s stock at $17 per share, according to Reuters. The offer may seem high for an ailing fleet of retail stores that are seeing declines in print book sales, but Barnes & Noble’s Nook tablet and online marketplace could be very valuable to the right buyer.
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