Shares of Barnes & Noble are falling in Friday trading, one day after Liberty Media, one of the retailer’s biggest investors, announced it has sold nearly all of its stake in the struggling bookseller. Liberty said it is selling 90% of its approximately 17% stake in Barnes & Noble to institutional buyers and will lose its two board seats. This, after Barnes & Nobe has been facing challenges, especially in its Nook segment, where the company saw sales fall 50% in its fiscal third quarter.
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