We’ve talked a lot about the Barnes & Noble’s struggle to get market share for its NOOK products. The company has gone from developing it’s own hardware to basically offering a branded Samsung Galaxy Tab 4 to try to lure consumers away from the Amazon and Apple ecosystems.

In 2012 Microsoft invested $300 million in the NOOK division. Yesterday Barnes & Noble announced that they have terminated their agreement with Microsoft and agreed to acquire Microsoft’s interest in NOOK Media. Microsoft is selling its interest for “$62,425,006.63 in cash and 2,737,290 shares of common stock.”

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