Microsoft To Invest $300 Million In The Nook E-Reader; Barnes & Noble Shares Up 101%

By Karl Denninger: Now you gone done it Microsoft

Microsoft announced on Monday that it would invest $300 million in Barnes & Noble’s Nook division for a 17.6 percent stake. The deal values the e-reader business at $1.7 billion.

By Insider Monkey: by Renee O'Farrell

By Dana Blankenhorn: Investors in Barnes & Noble (BKS) reacted far more positively to Microsoft's $300 million buy-in with Nook than did Microsoft (MSFT) shareholders.

(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. ...

By Ry Frank:As predicted for Apple (AAPL), the profit taking has begun, and as multiple lawsuits continue to rear their ugly heads, Microsoft (MSFT) will hold a strategic advantage through acquisitions and partnerships.