Around the Net
Microsoft Wants Nook Media For $1B
- Tech Crunch, Thursday, May 9, 2013 11:46 AM
Microsoft is ready to pay $1 billion for the digital assets of Nook Media, TechCrunch reports, citing internal documents. “In this plan, Microsoft would redeem preferred units in Nook Media,
which also includes a college book division, leaving it with the digital operation — e-books, as well as Nook e-readers and tablets.” The Nook business is currently owned by Barnes &
Noble and other investors.
