Yesterday’s unsourced New York Post story claiming potential trouble in takeover talks between Liberty Media and Barnes & Noble took the bookseller’s stock down over 5 percent at the opening bell. But another wave of news took the stock up in the early afternoon Wednesday and it settled up slightly for the day. (The stock price remained steady in early morning trading.) The WSJ found their own “people familiar with the matter” who assured them that Liberty has completed its due diligence and is “finalizing its offer for the company.” These people say that completion of negotiations could lead to […]
