Description: Barnes & Noble Inc.’s shares fell as much as 16% on Thursday after John Malone’s Liberty Media said it’s slashing its holdings in Barnes & Noble to about 1.7% from the 17% stake it held in 2011.
Date: Apr 03, 2014
Questions for discussion:
- Why did the stock price fall dramatically upon the announcement?
- Why is this announcement considered “good” from some points of view?
- What is your assessment of the situation?