In a series of complex SEC documents, Barnes & Noble indicated that they have paid Microsoft $62.5 million to buyback their 16.8 percent share in Nook Media LLC, along with 2.74 million shares of BN stock (valued at $62.5 million, though that stock is worth less already). That implies a “fair market value” of about $700 million for Barnes & Noble College and Nook combined. Given that it cost Barnes & Noble $431 million to purchase College from the Riggio family (the last payment for which was just made in September), you can infer that puts a value on Nook […]
