John Malone calls Liberty Media's (LCAPA +2%) $17/share offer for Barnes & Noble (BKS +1.5%)...

|About: Liberty Media Corp (LMCA)|By:, SA News Editor

John Malone calls Liberty Media's (LCAPA +2%) $17/share offer for Barnes & Noble (BKS +1.5%) "a bit of a flier for us" in the face of stiff e-reader competition, but adds he likes the brick-and-mortar advantage the firm has with publishers. Liberty is reported to be in the due diligence phase of its acquisition push for the bookseller.