Barnes & Noble filed paperwork with the SEC to prepare the way for Microsoft and Pearson to be able to sell the roughly 3.340 million shares of the bookseller’s stock they were given as part of the deals to buy out their stakes in Nook Media LLC. Those shares comprise a little more than 5.2 percent of Barnes & Noble’s total available shares. A sale of these shares was expected when BN made the deals to end their Nook Media partnership, though neither Microsoft nor Pearson has announced plans for a secondary offering of their shares yet. In other bookseller […]
