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Hot on the heels of a Russian Billionaire agreeing a conditional purchase of Waterstones in the UK, It would seem America have their own Billionaire, bidding to take over Barnes and Noble. With their share price escalating, is there something I am missing in what is happening.
My articles just can't keep up fast enough with the rapid changes afoot .John Malone's, Liberty Media have bid $1.02 billion for Barnes and Noble amid the companies declining paper book sales. I am really beginning to think there is life in the paper book chains yet, that the money men can see. There is clearly more chance of value in Barnes and Noble, as opposed to Waterstone's in the UK, with their success in introducing Nook which is driving the focus of the company forward.
Here's what I had to say on the history of Waterstones leading to details of todays news.
http://declanconner.com/2011/05/20/waterstones-book-storesthe-beginning-of-the-end-or-a-new-dawn/
My articles just can't keep up fast enough with the rapid changes afoot .John Malone's, Liberty Media have bid $1.02 billion for Barnes and Noble amid the companies declining paper book sales. I am really beginning to think there is life in the paper book chains yet, that the money men can see. There is clearly more chance of value in Barnes and Noble, as opposed to Waterstone's in the UK, with their success in introducing Nook which is driving the focus of the company forward.
Here's what I had to say on the history of Waterstones leading to details of todays news.
http://declanconner.com/2011/05/20/waterstones-book-storesthe-beginning-of-the-end-or-a-new-dawn/