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Microsoft Invests $300 Million in Nook to Take on Amazon and Apple in E-Book Market

Microsoft and Barnes & Noble today announced the formation of a new Barnes & Noble subsidiary focused around the existing Nook digital e-reader and e-book business, as well as Barnes & Noble's college business. Microsoft will make a $300 million investment in the subsidiary, which is preliminarily being called Newco until an official name is...

Microsoft Invests $300 Million in Nook to Take on Amazon and Apple in E-Book Market
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