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Don't let Leonard Riggio steal Barnes & Noble's (BKS) retail business, writes Andrew Bary,...

Don't let Leonard Riggio steal Barnes & Noble's (BKS) retail business, writes Andrew Bary, arguing the operations are worth $19/share. Microsoft's and Pearson's investments suggest BKS' Nook stake is also worth $19/share - surely a fanciful figure, but Nook is clearly worth more than zero, he says. The board has alternatives: a large dividend, a spinoff of Nook, or sale of the entire company.
Comments (3)
  • Imagine a world with no large bookstores. That is what AMZN wants. Not me.
    3 Mar 2013, 11:38 AM Reply Like
  • Another idea is that Microsoft makes a deal to feature some products in Barnes & Noble locations, or the Nook gets featured in the few Microsoft stores that now exist. Microsoft has already stated they will be making more versions of the Surface, and they need a larger retail strategy to accomplish that. It could be an easy symbiotic relationship.
    3 Mar 2013, 05:04 PM Reply Like
  • Can SA please stop linking to paywalled articles or mark that the article is paywalled in the post? I really hate wasting my time clicking on this crap.
    3 Mar 2013, 09:41 PM Reply Like
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