Barnes & Noble (BKS) Sees Upside On Renewed Chatter

January 17, 2012 10:21 AM EST
Barnes & Noble (NYSE: BKS) is seeing upside action on renewed takeover speculation. The stock is 2.2 percent higher after trading flat moments ago.

Investment partner Liberty Interactive (Nasdaq: LINTA) is being mentioned as the possible buyer. Also, in the recent past some speculated Microsoft (Nasdaq: MSFT) should buy the NOOK maker.

Shares were slammed recently after lowering guidance and announcing that it is looking to split off its NOOK business.


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