AI
Friday, May 20, 2011 5:56:13 PM
Barnes & Noble stock price shoots over Liberty Media offer
Barnes & Noble Inc.’s stock price rocketed 29.9 percent higher Friday — closing over the price being offered in a buyout bid by John Malone’s Liberty Media Corp.
Shares of the New York-based bookseller (NYSE: BKS) closed at $18.33. Liberty (Nasdaq: LINTA, LINTB, LCAPA, LCAPB, LSTZA, LSTZB) is offering $17.
Late Thursday, when the Liberty offer was disclosed, $17 represented a 20 percent premium on the B&N stock price, which stood at $14.13 at Thursday’s close.
Barnes & Noble Inc.’s stock price rocketed 29.9 percent higher Friday — closing over the price being offered in a buyout bid by John Malone’s Liberty Media Corp.
Shares of the New York-based bookseller (NYSE: BKS) closed at $18.33. Liberty (Nasdaq: LINTA, LINTB, LCAPA, LCAPB, LSTZA, LSTZB) is offering $17.
Late Thursday, when the Liberty offer was disclosed, $17 represented a 20 percent premium on the B&N stock price, which stood at $14.13 at Thursday’s close.
My post is for my entertainment, do your own DD before pushing your buy/sell buttons
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