Getting your player ready...
Barnes & Noble Inc., the largest U.S. bookstore chain, said there’s “no truth” to speculation that Liberty Media Corp. is preparing to buy the rest of the retailer.
“It’s not accurate,” said Mary Ellen Keating, a spokeswoman for New York-based Barnes & Noble. “There’s no truth to it.”
Robert Routh, a New York-based analyst for Phoenix Partners Group, wrote in a research note Friday that Liberty may be setting up a $1.5 billion credit facility to help fund a purchase of Barnes & Noble.
Courtnee Ulrich, a spokeswoman for Douglas County-based Liberty, didn’t respond to a request for comment.
