Doubt this stock will ever go above $22 again if John Malone is getting out now. Perhaps, it just removes a roadblock to taking the company private?
I think I predicted B&N would be out of business within 5 years like 3 or 4 years ago. I was probably too pessimistic....they will probably be in business longer under its current structure (that is, still operating many large physical book stores under its brand).
Last edited by markbot; 04-03-2014 at 10:18 AM.
|