B&N, Microsoft team up on Nook, college businesses

Barnes & Noble Inc. and Microsoft Corp. say they are teaming up to create a new Barnes & Noble subsidiary that will house the digital and college businesses of the bookseller and include a Nook application for Windows 8.

A subsidiary created by Barnes & Noble and Microsoft will house the digital and college businesses of the bookseller and include a Nook application for Windows 8.

Barnes & Noble Inc. and Microsoft Corp. are teaming up to create a new Barnes & Noble subsidiary that will house the digital and college businesses of the bookseller and include a Nook application for Windows 8.» E-Mail This     » Add to Del.icio.us

By Karl Denninger: Now you gone done it Microsoft

(Reuters) - British education and media publisher Pearson Plc said it will buy a 5 percent stake in Barnes & Noble Inc's digital Nook and college bookstore businesses for $89.5 million. Barnes & Noble, whose shares rose as much as 6 percent to $15.19 on the New York Stock Exchange on Friday morning, said the Nook division will not meet prior expectations for its current year. The top U.S. bookstore chain's Nook Media unit comprises its digital businesses — including Nook e-reader and tablets and the Nook digital bookstore — and 674 college bookstores across America. ...

Barnes & Noble and Microsoft say they are teaming up to create a new Barnes & Noble subsidiary that will house the digital and college businesses of the bookseller and include a Nook application.

With its months-long auction drawing to a close and no apparent takers, it’s looking like Barnes & Noble may fail to find a buyer.