Aug 19 2011
Liberty Media are to invest $204 million into Barnes & Noble, forgoing earlier plans to buy the company outright. Under the terms of the deal, Liberty will buy 12 million shares – or 16.6% of the company – at a price of $17 per share. The deal comes three months after Liberty offered to buy 70% of the bookseller. Facing pressure from some shareholders, Barnes & Noble put itself up for sale last summer but failed to find a buyer until Liberty stepped up to the plate.
The Funeral Cryer by Wenyan Lu
Debut novelist Wenyan Lu brings us this witty yet profound story about one woman's midlife reawakening in contemporary rural China.
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