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BKS
The story below is very interesting as Barnes & Noble has received two separate takeover offers from G Assset Management.  The idea behind the deals is to separate the unprofitable Nook business from the highly profitable bookstore business.  Barnes & Noble had some early success with its Nook reader and reached a compelling deal with...
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Barnes & Noble Inc. (BKS) and its Nook product became a lot more viable this morning, after Microsoft invested $300 MM into a subsidiary holding the Nook college books business.  The implied valuation of the entity is $2 billion.  I don’t think that the Nook would have lasted without a company with more clout and...
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