Barnes & Noble today announced it has reached a deal with Pearson to repurchase the company’s stake in Nook Media for $27.7 million. The agreement closely follows a simiar deal with Microsoft and will enable Barnes & Noble to eventually spin off its Nook business. The company originally sold a five percent stake in Nook Media to Pearson about […]
Nook spin-off nears as Barnes & Noble buys back Pearson stake for $27.7M
Venture Beat - 23 Dec 2014 18:02
Barnes & Noble today announced it has reached a deal with Pearson to repurchase the company’s stake in Nook Media for $27.7 million. The agreement closely follows a simiar deal with Microsoft and will enable Barnes & Noble to eventually spin off its Nook business. The company originally sold a five percent stake in Nook Media to Pearson about […]
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