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Pearson, the London-based owner of a U.S. education publishing business and Penguin Books, is spending $89.5 million in cash for the Nook stake, according to a statement.

Photographer: David Paul Morris/Bloomberg

Pearson, the London-based owner of a U.S. education publishing business and Penguin Books, is spending $89.5 million in cash for the Nook stake, according to a statement.
December 28, 2012
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Barnes & Noble Says Pearson Bought 5% of Nook Division
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