Barnes & Noble stock took another ride on Friday, at one point up another 10 percent a research note issued by Robert Routh at Phoenix Partners Group and carried on Bloomberg indicated Liberty Media “may be setting up a $1.5 billion credit facility to help fund” a full buyout of the bookseller. By mid-afternoon, however, BN spokesperson Mary Ellen Keating told Bloomberg that speculation was “not accurate,” adding “there’s no truth to it.” The stock gave back some of its gains but still closed up for the day on Friday. Today the market has opened down on concerns about Europe, […]
