Liberty Media Makes $1 Billion Bid to Acquire Barnes & Noble

The acquisition would give Liberty Media and its chairman John C. Malone control of 700+ retail locations and 600+ college bookstores. It still faces several hurdles--it must not only secure shareholder and regulatory approval, but the deal is contingent on Barnes & Noble chairman Leonard Riggio’s continued involvement in the company. http://mashable.com/2011/05/19/liberty-media-barnes-noble/
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