Barnes & Noble Buys Nook Stake

I wonder. Will it? or Won't it?

When Panzer went out in the Catosphere today he discovered that while he was buying presents for the holidays, Barnes & Noble was busy buying their own present.

Turns out according to Jim Milliot of Publishers' Weekly, B&N was busy buying Pearson's holdings in Nook Media. B&N now owns 100% of Nook Media. This will allow B&N to spin off the Nook Media portion as a separate entity in the near future.

Panzer says, "Hmmm. I wonder, can Nook survive on its own?"

To read the full post, tootle over to B&N buys Nook stake