At a meeting with Liberty Media shareholders in Denver Monday to approve the planned spinoff of Liberty Capital and Starz, chairman John Malone explained why the company offered $17 a share for Barnes & Noble last week. He believes there’s a bright future for BN, and not just in terms of its digital growth: “I’ve been a Barnes & Noble customer myself for many, many years. The stores will shift around, but there will be a physical presence for a long, long time to come, and it will be a profitable presence.” Malone expects negotiations could take months rather than […]
