After John Malone’s praise for Len Riggio and Barnes & Noble from Sun Valley, ID, Riggio added similar remarks yesterday, saying he “couldn’t think of a better partner than John Malone and a finer group of executives than the team at Liberty.” The combination lifted Barnes & Noble shares back to well above Liberty’s opening offer of $17 a share in yesterday’s trading. The stock had dropped as low as $16.35 in late June after reporting continuing losses in establishing Nook, but rose yesterday to close at $17.85. A WSJ blog grasps at straws a bit to suggest that Riggio […]
