The company, which operates 720 bookstores, as well as a chain of college campus stores, might seem an unlikely fit for Liberty Media, an owner of video content networks. But sometimes one has to look under rocks to find diamonds, Liberty Media seems to think.
Liberty Media might see the value in the Nook reader and the app store, as well as the potential for online commerce. In that view, the bookstores are just a way to generate cash flow, while the strategic assets are the online commerce and apps capability, plus the Nook.
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