Immediately after the deal was announced, stocks for both companies rose.
Microsoft benefits from the deal, by getting a foot in the e-book market; while Barnes & Nobles gets additional funding and backing.
Barnes & Noble has been discussing splitting their digital business into a separate company. If they did so, Microsoft would have a 17.6% hold in the company.
Liberty Media already has an investment in the Nook, that would give it a 16.6% stake if a new company is formed.
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