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Old 07-20-2011, 06:54 PM   #55
SensualPoet
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I wouldn't be too sure about that. Barnes and Noble is hardly in an expansion mode as far as its bricks and mortar business is concerned. It would have to be a very small handful of super desirable locations for B&N to invest in one of these stores.

B&N also faces a touch quarter as all the air will be sucked out of the book business as Borders closes 400 stores abruptly over the next 10 weeks or so. B&N already complained about the impact of Borders closing some stores in the previous financial period. It's a temporary thing but not helpful to cash flow for what is already a marginal business.

However, all this might speed up B&N's $1 billion merger with Liberty Media. Or perhaps Liberty might feel it can wait a while longer and get a better price as clearly no one is interested in buying a book chain at this point.
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