The planned spinoff of Barnes & Noble's (BKS) Nook business could make it an acquisition...

|About: Barnes & Noble Inc (BKS)|By:, SA News Editor

The planned spinoff of Barnes & Noble's (BKS) Nook business could make it an acquisition target, claims Maxim Group's John Tinker. With $1.5B in e-book/e-reader revenue, a price/sales multiple of 1x would translate into a $22/share buyout price, nearly twice B&N's current level. But Amazon's aggressive pricing and the Kindle Fire's early success could put some would-be buyers on edge. (earlier)