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The stock market has been down the last 10 days. The major indices are in negative territory for the year. Most companies look cheaper. Perhaps Mr Malone feels he should lower his offer to reflect current market prices.
I've noticed B&N has been emailing discount coupons regularly. Latest was 15% off. It is a little worrying but most likely a response to Borders liquidation. Borders went very aggressive with these discounts before closing.
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