Monday, 30 April 2012

Microsoft buys Nook stake, B&N shares soar

(Reuters) - Microsoft Corp will invest $300 million in Barnes & Noble Inc's Nook e-reader, gaining a foothold in the fast-growing e-books market as the bookseller gets more firepower to compete against Amazon.com's Kindle and Apple Inc's iPad.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/uo5BYqDEikI/us-barnesnoble-microsoft-idUSBRE83T0E120120430

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