Detailed text transcripts for TV channel - MSNBC - 20120501:09:39:00
Million in barnes & noble's e-reader and tablet business. part of a new plan to help both companies compete against rival apple and the amazon kindle. more on this story, we get all up in your business this morning. cnbc's steve sedgewick live in london, steve, good morning. >> a good day to you. a fascinating move, microsoft will get 17.5% of a new e-book unit at barnes & noble. the shares in barnes & noble as you say, 52% higher by the close of the session. it gives both companies more fire power and more investable cash into the assault on amazon, which has 60% of the u.s. market. apple has...
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