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Microsoft and B&N team up to win worldwide ebook battle

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NEW YORK | Microsoft entered the battle for the e-readers this week thanks to a strategic partnership with Barnes & Noble. Their alliance, dubbed as NewCo, gives Windows creator a 17.6 percent equity stake for a $300 million investment and values B&N’s remaining 82.4% stake at $1.4 billion.  According to Goldman Sachs analyst Matthew Fassler, [...]