Investors peg Amazon as most likely to buy Barnes and Noble

Investors say that Amazon is the most logical choice to buy Barnes & Noble should the bookseller put themselves up for sales as they’ve been hinting they might. The two companies have been locked in a digital battle between their competing e-readers, the Kindle and the Nook. When Barnes & Noble announced they were cutting the price of the Nook from $269 to $199 in June, Amazon responded by slashing the price of the Kindle to $189 and then a month later announcing the release of the next generation of the devices which includes a $139 WiFi only version, making it the lowest priced e-reader among the major brands.

Amazon has been mum on whether it’s actually interested in buying Barnes & Noble but the thought of being able to wipe out their biggest competitor must be mighty tempting!

Read [The Street]