Barnes & Noble and Microsoft complete Nook partnership – but to do what?

In April, Microsoft and Barnes & Noble announced a partnership. B&N was spinning off its Nook division into NOOK Media LLC, and Microsoft was to have a hand in it. The move raised a few eyebrows as analysts and pundits speculated what the move was about. Today Barnes & Noble and Microsoft have completed the partnership. Though we still don't know much about what the two companies are up to, we do know that this is a serious investment from Microsoft: to the tune of $300 million for a 17.6 percent stake (Barnes & Noble retains the remaining shares).

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