Originally Posted by AnemicOak
They invested in Nook Media, not B&N as a whole if I'm not mistaken. Same with Pearson and their $89.5 million investment.
The headline figure is also misleading, it comes in a number of tranches, which haven't all been paid yet, and includes a number of ways for the money to actually be channeled back to Microsoft. As part of the deal, Nook Media agreed to switch to Microsoft's backend processing, and to pay Android royalties to MS.