Barnes & Noble, Inc. (NYSE:BKS) surges almost +90% today when they released a strategic partnership with Microsoft on their eBook segment the NOOK.
This morning Goldman commented on the announcement: “Barnes & Noble and Microsoft formed a strategic partnership creating a subsidiary (“NewCo”) that will combine the digital and College assets of BKS. BKS intends to continue to move toward a separation of these businesses from its traditional B&N bookstores, though the stores will maintain a relationship with...
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