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Exactly. No one wants the storefronts alone. And the current owners of both know that too -- they'd be nuts to spin off the Nook business ... sell the diamonds, keep the lumps of coal.
But I do think there is some longer term residual value in the college division (especially tied to an online / ebook store) and figuring out how to gently downsize the retail footprint over time. No one needs a 40,000 sq ft bookshop.
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