Barnes & Noble Shares Soar On Microsoft Deal

Reuters: Top News, Reuters
Mon, 04/30/2012 - 5:27am

(Reuters) - Barnes & Noble Inc said it will separate its digital and college book businesses into a new subsidiary, giving Microsoft Corp a 17.6 percent stake in the new unit, and the bookstore operator's shares nearly doubled in premarket trading on Monday.

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Topics:  reuters    barnes    noble inc   microsoft corp   shares   barnes noble   
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