As reported earlier this year, Liberty Media has made a $1 billion ($17 per share) offer to acquire approximately 70% of Barnes and Noble. According to the Wall Street Journal, Liberty is through the due diligence phase of their financial data analysis and now working on arranging financing for the transaction.
Liberty owns QVC and Starz (pay cable channel).
Wall Street Journal Article
ABC News Story
Showing posts with label Barnes. Show all posts
Showing posts with label Barnes. Show all posts
Wednesday, August 10, 2011
Wednesday, July 20, 2011
Borders is Done....
Borders will likely face a sale to liquidators after the last interested party declined to bid on the failed retailer.
Liquidators led by Hilco Merchant Resources and Gordon Brothers Retail Partners LLC were made the opening bidders for the auction. The deadline for bids passed on 7/17 without any offers.
12 stores are in the Philadelphia region.
Bloomberg Article
Liquidators led by Hilco Merchant Resources and Gordon Brothers Retail Partners LLC were made the opening bidders for the auction. The deadline for bids passed on 7/17 without any offers.
12 stores are in the Philadelphia region.
Bloomberg Article
Subscribe to:
Posts (Atom)