In the more than three months since Liberty Media stated its intention to buy a 70 percent stake in Barnes & Noble at 17 cents a share, further reports suggested that prospect had dimmed, or at least put on hold. Then on Wednesday morning a report by dealReporter – which has a hit-or-miss track record on such things – intimated that “constraints on financing had quieted deal talk” and that Liberty was leaning towards “a preferred share investment.” Per “two sources familiar with the situation and an industry banker following the situation,” the original deal wasn’t off the table, but […]
