Barrons wrote an excellent story about the break-up value. Liberty has a PFD stake at $ 17.-- and made last year an offer at that price and got rejected. Means, for the CEO to get what he would like, the offer has to be closer to $ 20.-- But then we are left with Nook which certainly would then be traded as a sep. company. Barrons estimates a total value - if the deal goes through - closer to $ 30.--
Sentiment: Strong Buy