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Microsoft Dumps $300M Into Barnes & Noble Subsidiary Valued At $1.7B

IBTimes
Monday, 30 April 2012

Barnes & Noble announced today it will be forming a strategic partnership with Microsoft by creating a new subsidiary, which has not been named yet, that will aim to accelerate the transition to digital publishing and significantly boost e-book sales.
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Source: Newsy.com - on April 30, 2012

News video: Barnes & Noble to Team Up With Microsoft on E-Readers

Barnes & Noble to Team Up With Microsoft on E-Readers

Microsoft announced plans Monday to invest $300 million in Barnes & Noble's Nook business.

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