Liberty Media Bids for Barnes & Noble

Another big deal in the works as reported by Publisher's Weekly. An excerpt and link are below. Check it out and feel free to share your thoughts on the industry's recent mergers and acquisitions buzz.

Barnes & Noble announced late Thursday afternoon that it received a bid to acquire the company from Liberty Media for $17 per share in cash. According to B&N, the offer has a number of contingencies, including the participation of chairman Len Riggio, both in terms of his continuing equity ownership and his continuing role in management. The offer is worth about $1 billion. Click here for the rest of the Publisher's Weekly post.