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Liberty Settles For Smaller Stake In Barnes & Noble
- Daily Markets, Friday, August 19, 2011 4:45 PM
Three months later, Liberty has ended up investing $204 million for a minority stake in the bookseller.
Zacks Investment Research says the change in strategy apparently resulted from disagreement between the two parties on how to value the Nook e-reader in light of massive fluctuations in the stock market and ongoing economic volatility.
