crenita
Member
- Jan 6, 2011
- 172
- 12
Barnes & Noble reports $1B bid from Liberty Media - Sacramento Business, Housing Market News | Sacramento Bee
shares jumped more than 24 percent in extended trading after the company announced the potential deal. The offer values Barnes & Noble shares 21 percent higher than their Thursday closing price of $14.11.
The companies haven't yet signed an agreement, and the deal is still subject to closing conditions, including one that founding chairman Leonard Riggio keep a stake in the company and remain in a management position, Barnes & Noble said.
-
The companies haven't yet signed an agreement, and the deal is still subject to closing conditions, including one that founding chairman Leonard Riggio keep a stake in the company and remain in a management position, Barnes & Noble said.
-