Pearson purchases stake in Barnes & Noble’s Nook
9 January 2013 @booksandpublishing
Pearson has invested US$89.5 million (approximately A$85 million) in US bookseller Barnes & Noble’s ebook device and retail brand Nook Media ‘in order to gain favourable distribution for its education books’, reports paidContent. The publication reports that Pearson has purchased a five percent stake in the business after new equity was...
Category: International news