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An 8-K filed by Barnes & Noble (BKS +51.7%) discloses that, in addition to its $300M...

  • Monday, April 30, 2012, 4:55 PM ET
    An 8-K filed by Barnes & Noble (BKS +51.7%) discloses that, in addition to its $300M investment, Microsoft (MSFT +0.1%) will make $180M in revenue-sharing payments for a Windows 8 Nook app B&N will develop, as well as $125M ($25M/year over 5 years) for R&D and content acquisition. The deal can only be terminated in event of default or bankruptcy. (more)
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This news story has 4 comments:

  •  
    There were several large hedge funds/investors that went long last week (after being net short) of BKS. Did they get a tip off that this cash infusion was coming to BKS from MSFT, and if so from whom? The question needs to be asked.
    30 Apr 2012, 04:58 PM Reply Like
  •  
    Of course there should be an SEC investigation of all suspicious trading activity before a news event like this, but there won't be because the SEC is as corrupt as the people trading on inside information.
    2 May 2012, 01:19 AM Reply Like
  •  
    Looks like Microsoft in turning into a holding company. They will be in the $50's next year.
    30 Apr 2012, 07:05 PM Reply Like
  •  
    John Malone (Liberty Capital) is laughing all the way to the bank. That guy can do no wrong.
    1 May 2012, 01:18 AM Reply Like
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