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I think Microsoft would be prepared to match any low-ball offers for a controlling share of Nook. They have a 17% stake and originally pledged to increase that (though it has not happened yet). Their original investment of $300M was to have gone to anywhere between $600-$1B, and if shareholders agree that Nook isn't worth as much now, then even another $300 would go a long way to giving MSFT controlling interest.
Of course their mobile strategy is not going as well as they may have hoped, but they have deep pockets and patience. Nook could factor into it yet.
Last edited by tomsem; 02-21-2014 at 06:30 PM.
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