BOOKS
07/07/2011 02:50 pm ET Updated Sep 06, 2011

Liberty Media's John C. Malone Explains Bet On Barnes & Noble Buyout

Speaking at the Allen & Company conference here, Mr. Malone said that "it would be a bit of a flier for us, on whether or not Barnes & Noble can play competitively with the likes of Apple and Amazon in the digital transformation."

"That's really the bet," he said.

Yet he also sees an advantage in the brick and mortar aspect of the business.

Read more on nytimes.com

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