Mary Ellen Keating

For Barnes & Noble Inc. (BKS) founder Leonard Riggio to take his bookstores private, he may need to write a check for more than the entire company’s market value.

Riggio said yesterday that he will offer to buy the retail stores and website of the New York-based company he started more than 40 years ago, leaving shareholders with Barnes & Noble’s college book and Nook e-reader businesses. The retail chain alone is worth about $1 billion, according to the average of four analysts’ estimates compiled by Bloomberg…

Barnes & Noble Inc. (NYSE: BKS) and Microsoft (NASDAQ: MSFT) today announced the formation of a strategic partnership in a new Barnes & Noble subsidiary, which will build upon the history of strong innovation in digital reading technologies from both companies. The partnership will accelerate the transition to e-reading, which is revolutionizing the way people consume, create, share and enjoy digital content.

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