Pearson to invest $89.5m in Barnes & Noble NOOK business

Barnes & Noble announced today that Pearson, a British publisher and education company, will be investing $89.5 million in Barnes & Noble?s NOOK business for a 5% stake, valuing the business at $1.79 billion, which is up from $1.7 billion earlier this spring. Barnes & Noble will own 78.2% of its NOOK business after this Read The Full Story

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