Wall Street Debates John Malone's Play for Barnes & Noble
"The offer appears to be a purely financial proposal to acquire an asset that Liberty [Media] management views as undervalued," Barclays Capital analyst James Ratcliffe says.
NEW YORK - Wall Street analysts on Friday tried to explain the motivation for a surprise bid by John Malone's Liberty Media for book retailer Barnes & Noble, news of which had emerged late Thursday.
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