John Malone Cuts Barnes and Noble (BKS) Stake, Shares Plunge

Shares of Barnes and Noble (BKS) are down nearly 14% after one of the company’s biggest investors slashed its stake. Liberty Media (LMCA), the conglomerate run by billionaire investor John Malone, announced on Thursday it was selling 90% of its 17% stake in the struggling bookstore retailer, ending a nearly three-year $204 million bet that the […] View the full post at: John Malone Cuts Barnes and Noble (BKS) Stake, Shares Plunge Related posts: Barnes & Noble Goes on the Offensive with eReader John Paulson Increases Conseco Inc. Stake to 9.9% Easy Come, Easy Go