Set a million monkeys loose with Yahoo Finance and a word processor, and what do you get? The answer, it would appear, is Seeking Alpha, a content farm with no particular editorial standards. We wrote last week about blatant, significant errors being covered up without acknowledgement. This morning, we encountered another wastebasket-worthy piece on...
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As we discussed previously, Microsoft(MSFT) had agreed to invest $300 million for a 17.6% stake in NOOK Media, which includes the digital and College assets of Barnes & Noble(BKS) including the NOOK device business. Barnes & Noble continues to own the remainder of the business. In today’s release, the company was careful to note...
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We’ve written here previously about the possibility of embattled bookseller Barnes & Noble(BKS) spinning off its Nook business. We’ve written elsewhere about the turnaround at Microsoft(MSFT). Today, both stories collide in an explosive way. The two companies will create a joint venture to which Barnes & Noble will contribute its Digital and College businesses,...
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