Tuesday, May 01, 2012

Microsoft to Invest in Barnes & Noble's Nook - WSJ.com

Maybe we'll also see Microsoft mini-stores inside each B&N bookstore and B&N-managed college bookstore
"Microsoft's $300 million infusion in the new unit values it at $1.7 billion. That is more than double Barnes & Noble's roughly $800 million market capitalization as of Friday. After Monday's stock surge, that valuation now sits at $1.25 billion.
Microsoft's commitment also includes $180 million over three years in guaranteed revenue-sharing payments for e-book sales, and pledges of $125 million over five years to help fund international expansion."
Microsoft to Invest in Barnes & Noble's Nook - WSJ.com:
'via Blog this'
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