Liberty Media offers to buy Barnes & Noble for nearly $1b

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 of the deal and said they would study it with the help of a legal advisor team....



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