Barnes & Noble Will Split Into Two Companies — mashable.com

Barnes & Noble is about to start a new chapter. The bookstore chain announced Wednesday that its board has approved a plan to split into two separate public companies: one for Barnes & Noble's retail operations and another for its Nook efforts. The plan is to finalize the split by the end of the first quarter of 2015. "We believe we are now in a better position to begin in earnest those steps necessary to accomplish a separation of NOOK Media and Barnes & Noble Retail," Michael Huseby, CEO of Barnes & Noble, said in a statement. "We have determined that these businesses will have the best chance of optimizing shareholder value if they are capitalized and operated separately.

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