Microsoft invests $300 million in Barnes & Noble’s Nook, spins off digital biz

Microsoft invests $300 million in Barnes & Noble’s Nook, spins off digital biz

paidcontent.org
Microsoft and Barnes & Noble are forming a strategic partnership that combines Barnes & Noble’s Nook and college businesses into a new, still unnamed company. Microsoft is making a $300 million investment in the new company “at a post-money valuation of $1.7 billion in exchange for an approximately 17.6% equity...
Microsoft invests $300 million in Barnes & Noble’s Nook, spins off digital biz
                       

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